ENA Sectors 2025-10-06 16:43:43 <p><span style="font-size:14px"><strong>New Delhi, Oct 6 (KNN) </strong>Jindal Stainless has inaugurated its first stainless steel fabrication unit in Washivali, Patalganga (Mumbai), with an investment of Rs 125 crore.</span></p> <p><span style="font-size:14px">The new facility, operated by its subsidiary Jindal Stainless Steelway Limited (JSSL), spans over 4 lakh sq ft and is designed to strengthen Indias bridge and infrastructure development.</span></p> <p><span style="font-size:14px">The unit will focus on producing essential components like various types of girders and other fabricated structures.</span></p> <p><span style="font-size:14px">In its first operational year, the facility is expected to produce around 4,000 tonnes of fabricated stainless steel, with a goal to scale up to 18,000 tonnes per year by FY27.</span></p> <p><span style="font-size:14px">According to Tarun Khulbe, CEO &amp; CFO of Jindal Stainless, the project aims to address the lack of skilled fabrication infrastructure in the stainless steel sector.</span></p> <p><span style="font-size:14px">He emphasised that the new facility will integrate technology, expertise, and process innovation to deliver durable, high-quality infrastructure solutions while promoting sustainability.</span></p> <p><span style="font-size:14px">The company plans to replicate this fabrication model across multiple locations in India to enhance its national presence and create a reliable supply chain for infrastructure projects.</span></p> <p><span style="font-size:14px">Jindal Stainless, one of Indias largest stainless steel producers, reported a turnover of Rs 40,182 crore in FY25.</span></p> <p><span style="font-size:14px">The company operates 16 manufacturing and processing facilities globally, including in India, Spain, and Indonesia, and has a presence in 12 countries.</span></p> <p><span style="font-size:14px">On the day of the announcement, its shares were trading at Rs 765.45, down by 2.89%.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43716 https://knnindia.co.in/news/newsdetails/sectors/jindal-launches-first-stainless-steel-fabrication-plant-with-rs-125-crore-investment 2025-10-06 16:43:43 knnindia.co.in