Posted on 07 Aug 2025
JFE Steel and JSW Steel have invested in expanding their electrical steel manufacturing capacity.
JFE Steel and JSW Steel have invested approximately 120 billion yen ($814M): 99 billion yen ($672M) for the expansion and additional 21 ($142M) billion yen for working capital and other investments.
This will enhance JFE Steel and JWE Steel’s presence within India and satisfy the growing demand for electrical steel.
In the planned expansion, the manufacturing capacity of the J2ES Vijayanagar site will be doubled to 100,000 tonnes per year.
The current manufacturing capacity of the J2ES Nashik site will also be increased fivefold, from 50,000 tonnes per year to 250,000 tonnes per year.
The J2ES Vijayanagar site is scheduled to start full production within 2027.
The expansion of the J2ES Nashik site is planned to start in 2028, with completion expected in the year 2030.
In India, the demand for grain-oriented electrical steel sheet (GOES) is rapidly increasing due to rising power demand linked to economic growth, expansion of renewable energy use, improvements in transformer efficiency and an increase in the number of data centres.
With this collaborative expansion at both locations, the demands of the growing Indian market will be better met.
Source:Steel Times International
