In an ambitious move to lead the eco-mobility revolution in India, Jindal Stainless, the nation’s foremost stainless steel manufacturer, has announced a strategic partnership with JBM Auto Ltd., the country’s premier electric bus manufacturer. This collaboration is set to fabricate over 500 energy-efficient and lightweight stainless steel electric buses, showcasing a significant advancement in the […]
Jindal Stainless, India’s leading stainless steel manufacturer, has significantly contributed to the development of India’s first underwater metro line in Kolkata, a project inaugurated by Prime Minister Narendra Modi. This groundbreaking venture, valued at INR ₹4,965 crore, marks a significant milestone in the country’s infrastructure capabilities, enhancing connectivity and setting a new standard in urban […]
India’s race to space just got a robust boost thanks to Jindal Stainless, the country’s largest stainless steel manufacturer. The firm has developed and supplied a high-strength alloy steel grade used in the motor casing of India’s highly ambitious Chandrayaan-3 lunar mission. The specialized alloy, typically imported from various countries, has been painstakingly developed over […]
Indian steelmaker Tata Steel said that it has completed the first multi-modal shipment of 960 tonnes of stainless steel TMT bars successfully, from the Haldia Port in West Bengal to Agartala in Tripura. On the 8th of January 2023, the MV Bulker I barge sailed from the Haldia Port. The first part of the journey […]
Jindal Stainless has laid the foundation stone for a 271-acre stainless steel industrial park in Jajpur through a virtual ceremony held in Bhubaneswar that was attended by Odisha Chief Minister Naveen Patnaik. The first-of-its-kind facility is expected to increase the production and demand of the metal in east India, and support the objective of the […]
Wipro has signed an agreement with Outokumpu, a Finland-based stainless-steel manufacturer, to speed up latter’s organisation-wide cloud transformation initiative. Under the five-year deal, the Indian technology services and consulting firm will build a Microsoft Azure powered platform and provide next-generation applications for Outokumpu’s corporate and factory applications. The cloud transformation program is expected to convert […]
Venus Pipes & Tubes Ltd said that it has secured Bureau of Indian Standards (BIS) approval for stainless steel seamless and welded pipes and tubes. The stainless steel pipes and tubes manufacturer was granted the All India First (AIF) Circular to its Rajkot branch as per IS 17876: 2022 and IS 17875: 2022. Arun Kothari […]
Tata Power said that its subsidiary Tata Power Renewable Energy Limited (TPREL) will install a 100MW captive solar power plant in Nasik for stainless steel manufacturer Viraj Profile Private Limited at its site in Maharashtra. The captive solar power plant in Nasik will be developed by Tata Power at Nandgaon. It will supply power to […]
BM Group of Companies (BM Group) has acquired LE Steel Fabricators, a British Columbia-based custom fabricator of engineered, structural steel, stainless steel, aluminum products, and components. The financial terms of the deal were not disclosed. Established in 1989, LE Steel Fabricators is specialized in the marine industry, and mainly works in conjunction with pile driving […]
Jindal Stainless Limited (JSL) has reported a profit after tax (PAT) of INR 750 crores for the fourth quarter of the fiscal year 2022 (Q4FY22), an increase of 156% compared to INR 293 crores for the same quarter of the previous fiscal year. The Indian stainless steel manufacturer earned revenue of INR 6,564 crores for […]
