JSW Steel and JFE Steel sign Rs 4,051cr deal to acquire thyssenkrupp Electrical Steel India
In a major development for India’s steel industry, JSW Steel Limited, in partnership with JFE Steel Corporation, announced the acquisition of thyssenkrupp Electrical Steel India Private Limited (tkES India) through their joint venture. The acquisition, valued at INR 4,051.40 crore, marks a strategic push by the companies to enhance their value-added steel manufacturing capabilities, particularly […]