JSW Steel to Invest USD 20 Billion in 7 Years
The company plans to invest approximately USD 3 billion annually to meet the rising demand for generic and specialised steel segments (such as electric steel, packaging steel and advanced high-tensile steel) that can be utilised in the automotive, manufacturing and energy transition sectors. Jun 05, 2026 JSW Steel will invest USD 20 billion in the […]
MSP Steel and Power To Invest INR 500 Crore to Expand Its Integrated Steel Manufacturing Capacity
MSP Steel and Power Limited has approved a capital expenditure programme for expansion of the company’s existing integrated steel manufacturing facilities at Raigarh, Chhattisgarh. May 30, 2026 MSP Steel and Power Limited has approved a capital expenditure programme for expansion of the company’s existing integrated steel manufacturing facilities at Raigarh, Chhattisgarh. The proposed expansion is […]
Rashmi Group Unveils INR 35,000-Crore Investment Plan in West Bengal
The investment will expand steel capacity, operationalise coal mines, and create significant employment across multiple districts in West Bengal. Jun 01, 2026 Rashmi Group has announced a fresh investment of INR 35,000 crore in West Bengal across steel, mining and power sectors. The proposed outlay includes over INR 30,000 crore for expanding iron and steel […]
Indian Steel Industry Shows Strong Growth Amid Emerging Geo-Political Challenges in 2025-26
The Indian steel industry delivered a robust performance in the financial year 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures. Apr 08, 2026 India’s crude steel output continued its upward trajectory in 2025–26, growing by over 10.7% year-on-year to around 168.4 million tonnes during April–March, reflecting sustained […]
Tata Steel Signs MoU with University of Science and Technology Beijing to Advance Low-carbon Steelmaking
Tata Steel has signed a MoU with the University of Science and Technology Beijing (USTB) to collaborate on the development of low-carbon steelmaking technologies. Mar 17, 2026 Tata Steel has signed a Memorandum of Understanding (MoU) with the University of Science and Technology Beijing (USTB) to collaborate on the development of low-carbon steelmaking technologies, reinforcing […]
Punjab Emerging As An Investment Hub for Steel Sector
Punjab has emerged as a major investment destination during the Progressive Punjab Investors’ Summit, with ease-of-business policies, fresh investments and expansion plans in the state. Mar 16, 2026 Punjab Chief Minister Bhagwant Singh Mann plans to transform Punjab into a major investment destination during the Progressive Punjab Investors’ Summit, with ease-of-business policies, fresh investments and […]
CII Report: Catalysing Demand for Green Steel through Public Procurement in India
A 26% green steel mandate in government procurement could unlock up to 16 million tonnes per annum (MTPA) of demand from public projects alone by FY30. Feb 27, 2026 A 26% green steel mandate in government procurement could unlock up to 16 million tonnes per annum (MTPA) of demand from public projects alone by FY30, […]
Ministry of Steel Commits to AI-Enabled Modernisation to Support 400 MT Capacity Target by 2035-36
The Ministry of Steel has unveiled a comprehensive roadmap on digital opportunities in the steel sector, targeting an increase in crude steel capacity from 200 million tonnes to 300 million tonnes by 2030- 2031 and further to 400 million tonnes by 2035-2036. Feb 24, 2026 The Ministry of Steel has unveiled a comprehensive roadmap on […]
Punjab Strengthens Its Steel Industry With Over INR 5,400 Crore Investments
Punjab has attracted over INR 5,400 crore in investments in the steel sector over the past year, strengthening its position as an emerging steel hub in North India. Feb 24, 2026 Punjab has attracted over INR 5,400 crore in investments in the steel sector over the past year. The state has two major steel clusters […]
Viraj Profiles Signs MoU with Ministry of Steel Under PLI Scheme, Commits INR 280 Crore Investment
Viraj Profiles has signed an MoU under the PLI scheme, committing INR 280 crore to boost value-added steel manufacturing capabilities. Feb 10, 2026 Viraj Profiles Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of India’s Production Linked Incentive (PLI) scheme, with a planned investment of INR […]
