ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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JINDAL IRON AND STEEL COMPANY-Rise in Profit

through a wide network of over 1,500 dealers spread across the country. The company is setting up a state of art pharmaceutical plant at Gajraula, UP to manufacture bulk drugs and formulations. It is also setting up a 3,120 tonne crushing capacity per day sugar plant at an estimated cost of Rs 65 crore, JINDAL IRON AND STEEL COMPANY Rise in Profit The Jindals in 1982 acquired 40 per cent of Piramal Steel with a view to integrating their manufacturing activities. In January 1990 a group company, Navin Alloys, having a hot rolling capacity of 30,000 tonnes at Vasind, Maharashtra, was merged with JISCO. A further forward integration into cold rolling and galvanising resulted in two more mergers of Nasrapur Metals and Nalwa International in 1982. In 1993, JISCO commissioned the hot rolling mill for manufacture of hot roll coils. The most recent acquisition by the company has been Bharat Pulverising which produces heavy chemicals for mineral processing, ferro alloys and several metal powders and has three plants located at Bombay, Madras and Gujarat.

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