JSW Steel plans to invest around INR 1.3 trillion (USD 13 billion) over the next four to five years to expand its steelmaking capacity, strengthen upstream integration, and enhance downstream operations, reinforcing its long-term growth strategy.

Jul 29, 2026

JSW Steel will invest approximately INR 1.3 trillion (US$13 billion) over the next four to five years to drive its expansion plans. The investment programme will support the addition of 16 MTPA of steelmaking capacity by FY30, with annual capital expenditure of around INR 230 billion in FY27 and INR 300 billion in FY28. 

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Over the past two years, JSW Steel expanded capacity by around 25% through a 1.5 MTPA debottlenecking project and the commissioning of a new 5 MTPA brownfield plant at Vijayanagar. A further 5 MTPA expansion at Dolvi is scheduled for commissioning in fiscal 2027-28.