JSW Steel, Japan's JFE Steel to invest $663 million in India JV:

JSW Steel, Japan's JFE Steel to invest $663 million in India JV:

Daily Current Affairs   /   JSW Steel, Japan's JFE Steel to invest $663 million in India JV:

Change Language English Hindi

Category : Business and economics Published on: February 15 2024

Share on facebook
  • JSW Steel will be setting up a 50:50 joint venture with Japan-based JFE Steel Corporation and will be investing Rs 5,500 to set up a plant in Karnataka. 
  • The JV, which was signed in August 2023, will include the establishment of a manufacturing plant in the southern Indian state of Karnataka, while production is expected to start in fiscal 2027.
Recent Post's
  • Veteran ‘Don’ (1978) director Chandra Barot dies at 86 due to cardiac arrest in Mumbai.

    Read More....
  • M. Sreeshankar wins gold with 7.75m jump at World Athletics meet in Portugal.

    Read More....
  • Kerala launches Cy-TB test to detect latent TB infections under NTEP.

    Read More....
  • ISRO chief announces India’s plan for space station by 2035, moon mission by 2040.

    Read More....
  • July 20 celebrated as UN’s International Moon Day to mark Apollo 11 landing.

    Read More....
  • Koneru Humpy becomes first Indian woman to reach FIDE Women’s World Cup semifinals.

    Read More....
  • India sets record with four players in 2025 FIDE Women’s World Cup quarterfinals.

    Read More....
  • Saudi ‘Sleeping Prince’ Al-Waleed dies at 36 after 19 years in coma.

    Read More....
  • NCLT approves merger of Adani Cementation with Ambuja Cements.

    Read More....
  • Anvesh Tiwari launches India’s first fully AI-powered fintech platform ‘Nxtbanking’.

    Read More....