New Delhi: Jindal Steel on Tuesday announced that it has doubled the production capacity of its Angul facility from 6 million tonnes per annum (MTPA) to 12 MTPA, making it one of the largest single-location steel plants in India. Following this expansion, Jindal Steel’s total crude steel capacity has risen to 15.6 MTPA, including 3.6 MTPA at its Raigarh plant.
According to an exchange filing, the company has fully operationalised the Angul expansion within the planned timeline. The upgraded facility is expected to enhance production volumes, improve capacity utilisation, and provide operational leverage, supporting revenue growth and profitability.
Jindal Steel said the move aligns with India’s goal of strengthening domestic steel capabilities and contributing to the Atmanirbhar Bharat initiative. The expansion is also expected to optimise costs, improve margins, and bolster the company’s position in key sectors such as infrastructure, railways, automotive, energy, industrial manufacturing, defence, and white goods.
While financial details of the project were not disclosed, industry estimates suggest that setting up one million tonnes of steel capacity requires an investment of approximately Rs 5,000–6,000 crore.
The Angul and Raigarh plants together supply value-added steel products to support India’s industrial and nation-building priorities.