In view of the surging demand for better and more versatile steel from Indian consumers for meeting their consumption requirement, Sajjan Jindal's JSW Steel, is streamlining production and has targeted a capital expenditure plan worth ₹44,415 crore to increase the capacity from the current 18 million tons to 24.7 million tons per annum (mtpa) by FY21, director (commercial and marketing) of JSW Steel, Jayant Acharya said elaborating that apart from adding volume, the company is focusing on creating value-added products linked to segments and sectors which are growing covering automobile and consumer appliances. When the company adds capacities at the hot strip mill in Dolvi (Maharashtra), it is putting up a line which is all with degassing facilities which can produce steel which is extremely clean for the automotive industry and for various high strength applications. Dolvi is the second largest facility of JSW Steel currently at 5 mtpa production capacity and that the plant is undergoing a ramp-up and in the next three years, this capacity will double to 10.7 mtpa. The company is putting in downstream capacities for colour-coated steel at Vasind, Tarapur and Kalmeshwar, for the consumer appliance industry, and a wire rod mill in Vijayanagar to again cater to some of the long product demands which are coming in, he added.
