Jindal Stainless Limited is an Indian stainless steel maker headquartered in New Delhi. It is a part of OP Jindal group. The firm has a melt capacity of 2.9 million tonnes per annum which makes it the largest stainless steel producer of India. Incorporated in 1970, it ranks among the top 5 stainless steel makers of the world.[5][1][4][6]
Jindal Stainless has two stainless steel manufacturing complexes in India, in the states of Haryana and Odisha and one overseas manufacturing unit in Indonesia. It has 14 global offices across the world.[1][7]
In 1970, O.P. Jindal founded a mini steel plant named Jindal Strips Limited at Hisar.[8][7][1] It started manufacturing hot rolled carbon steel coils, plates, slabs and blooms. It was the beginning of the story for Jindal Stainless. Over the years, the company expanded its capacity at Hisar. In 2002, Jindal Strips was restructured as Jindal Stainless. In 2003, Jindal Stainless set up its integrated stainless steel plant at Jajpur in Odisha with a capacity scalable up to 3.2 MTPA. The plant became operational in 2011.[9][7]
Productionedit
The plants of Jindal Stainless are located in Jajpur, Odisha and Hisar, Haryana.[10] The Jajpur facility started operating in 1970 while the Hisar plant was made operational in the year 1975. The plants comprise 2.9 million tonnes per annum of stainless steel melting facilities.[1] The Jajpur plant has a melting capacity of 2.1 MTPA. The plant has a captive power generation facility of 264 MW. The Hisar plant has a melting capacity of 0.8 MTPA. It is also India's largest producer of coin blanks.[1]
Productsedit
JSL produces a variety of products in both facilities. Its product range comprises the following:[11][3][1][7]
Jindal Stainless has set a target to become an emission free entity by the year 2050.[13] In FY22, it reduced carbon emissions by 1.4 lakh tonnes.[14] The firm has made a collaboration with ReNew Power [13][15] to set up a ~300 MW wind-solar hybrid renewable energy project at its Jajpur plant.[15]
Referencesedit
^ abcdefgh"Jindal Stainless Ltd". ndtv.com. Retrieved 11 May 2023.
^"Q4 results impact: Jindal Stainless, Jindal Saw shares rally up to 13%". economictimes.indiatimes.com. Retrieved 18 May 2023.
^ ab"Products". jindalstainless.com. Retrieved 11 May 2023.
^ ab"Jindal Stainless BSE" (PDF). bseindia.com. Retrieved 11 May 2023.
^"Jindal Stainless targets top-3 spot globally; lines up Rs 2.5-crore capex". financialexpress.com. Retrieved 18 May 2023.
^"Jindal Stainless Announces Special Interim Dividend". livemint.com. Retrieved 11 May 2023.
^ abcd"Company History:Jindal Stainless". moneycontrol.com. Retrieved 11 May 2023.
^"JSL Expects volume to grow by 20% this fiscal". livemint.com. Retrieved 18 May 2023.
^"Jindal Stainless Shares Rise 7% After Q4 Profit Beats Forecasts". equitypandit.com. Retrieved 18 May 2023.
^"Jindal Stainless Ltd". ndtv.com.com. Retrieved 11 May 2023.
^"India's Jindal Stainless Q4 profit falls as higher costs outweigh demand". theprint.in. Retrieved 18 May 2023.
^"jindal stainless shares gain over 8 despite a 20 yoy drop in Q4 net profit". mintgenie.livemint.com. Retrieved 18 May 2023.
^ ab"Jindal Stainless partners with ReNew Power, to setup 300 MW renewable energy project". businesstoday.com. Retrieved 11 May 2023.
^"JSL reduced 1.4 lakh tons CO2 emission in FY22: MD Abhyuday Jindal". thehindubusinessline.com. Retrieved 18 May 2023.
^ ab"Jindal Stainless to build green hydrogen plant". steeltimesint.com. Retrieved 11 May 2023.
May 08, 2024
jindal, stainless, limited, indian, stainless, steel, maker, headquartered, delhi, part, jindal, group, firm, melt, capacity, million, tonnes, annum, which, makes, largest, stainless, steel, producer, india, incorporated, 1970, ranks, among, stainless, steel, . Jindal Stainless Limited is an Indian stainless steel maker headquartered in New Delhi It is a part of OP Jindal group The firm has a melt capacity of 2 9 million tonnes per annum which makes it the largest stainless steel producer of India Incorporated in 1970 it ranks among the top 5 stainless steel makers of the world 5 1 4 6 Jindal Stainless Limited 1 2 Company typePublicTraded asBSE 532508NSE JSLISININE220G01021IndustryStainless SteelFounderO P JindalHeadquartersNew Delhi IndiaArea servedWorldwideKey peopleRatan Jindal Chairman Abhyuday Jindal Managing Director Tarun Kumar Khulbe CEO ProductsSlabs Hot amp Cold rolled coils Slabs Blooms Plates Coin Blanks 3 Number of employees20 000SubsidiariesJindal Lifestyle LimitedJindal Stainless Steelway LimitedJindal DefencePT Jindal Stainless IndonesiaIber Jindal SpainJ S S Steeliatalia LimitedJindal Stainless FZE Dubai 1 4 Websitewww wbr jindalstainless wbr com Jindal Stainless has two stainless steel manufacturing complexes in India in the states of Haryana and Odisha and one overseas manufacturing unit in Indonesia It has 14 global offices across the world 1 7 Contents 1 History 2 Production 3 Products 4 Initiatives 5 ReferencesHistory editIn 1970 O P Jindal founded a mini steel plant named Jindal Strips Limited at Hisar 8 7 1 It started manufacturing hot rolled carbon steel coils plates slabs and blooms It was the beginning of the story for Jindal Stainless Over the years the company expanded its capacity at Hisar In 2002 Jindal Strips was restructured as Jindal Stainless In 2003 Jindal Stainless set up its integrated stainless steel plant at Jajpur in Odisha with a capacity scalable up to 3 2 MTPA The plant became operational in 2011 9 7 Production editThe plants of Jindal Stainless are located in Jajpur Odisha and Hisar Haryana 10 The Jajpur facility started operating in 1970 while the Hisar plant was made operational in the year 1975 The plants comprise 2 9 million tonnes per annum of stainless steel melting facilities 1 The Jajpur plant has a melting capacity of 2 1 MTPA The plant has a captive power generation facility of 264 MW The Hisar plant has a melting capacity of 0 8 MTPA It is also India s largest producer of coin blanks 1 Products editJSL produces a variety of products in both facilities Its product range comprises the following 11 3 1 7 Stainless Steel Slabs Cold Rolled Coils Hot Rolled Coils Slabs Blooms Plates Coin Blanks Precision Strips Razor Blades 12 Initiatives editJindal Stainless has set a target to become an emission free entity by the year 2050 13 In FY22 it reduced carbon emissions by 1 4 lakh tonnes 14 The firm has made a collaboration with ReNew Power 13 15 to set up a 300 MW wind solar hybrid renewable energy project at its Jajpur plant 15 References edit a b c d e f g h Jindal Stainless Ltd ndtv com Retrieved 11 May 2023 Q4 results impact Jindal Stainless Jindal Saw shares rally up to 13 economictimes indiatimes com Retrieved 18 May 2023 a b Products jindalstainless com Retrieved 11 May 2023 a b Jindal Stainless BSE PDF bseindia com Retrieved 11 May 2023 Jindal Stainless targets top 3 spot globally lines up Rs 2 5 crore capex financialexpress com Retrieved 18 May 2023 Jindal Stainless Announces Special Interim Dividend livemint com Retrieved 11 May 2023 a b c d Company History Jindal Stainless moneycontrol com Retrieved 11 May 2023 JSL Expects volume to grow by 20 this fiscal livemint com Retrieved 18 May 2023 Jindal Stainless Shares Rise 7 After Q4 Profit Beats Forecasts equitypandit com Retrieved 18 May 2023 Jindal Stainless Ltd ndtv com com Retrieved 11 May 2023 India s Jindal Stainless Q4 profit falls as higher costs outweigh demand theprint in Retrieved 18 May 2023 jindal stainless shares gain over 8 despite a 20 yoy drop in Q4 net profit mintgenie livemint com Retrieved 18 May 2023 a b Jindal Stainless partners with ReNew Power to setup 300 MW renewable energy project businesstoday com Retrieved 11 May 2023 JSL reduced 1 4 lakh tons CO2 emission in FY22 MD Abhyuday Jindal thehindubusinessline com Retrieved 18 May 2023 a b Jindal Stainless to build green hydrogen plant steeltimesint com Retrieved 11 May 2023 Retrieved from https en wikipedia org w index php title Jindal Stainless Limited amp oldid 1197106612, wikipedia, wiki, book, books, library,
