The upcoming facility, part of a brownfield expansion at JSW’s plant located in Salav village of Raigad district in Maharashtra, will primarily serve the European market.
Apr 16, 2025
JSW Steel has unveiled plans to invest between INR 50,000 and INR 60,000 crore over the next three to four years for the establishment of a 10 million tonnes per annum (MTPA) green steel manufacturing unit in Maharashtra.
This initiative is part of a brownfield expansion at JSW’s existing plant in Salav village, situated in Raigad district of Maharashtra. The new facility will primarily cater to demand from the European market. The move comes as a strategic response to the European Union’s Carbon Border Adjustment Mechanism (CBAM), which will take effect on January 1, 2026, and aims to limit imports with high carbon footprints.
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Previously, the company had announced phased expansion plans to scale the Salav plant’s green steel output to 4 million TPA. With its long-term vision, JSW Steel is targeting a significant leap in its production capabilities, from the current 34.2 million TPA to a projected 100 million TPA, positioning itself to become the world’s largest steel manufacturer.
