JSW Steel has begun development activities for its integrated steel project in the Rayalaseema region of Andhra Pradesh, India.
The project will see the construction of a 2MTPA steel plant, with a total investment of up to ₹16,350 crore.
Sajjan Jindal, Chairman of JSW Group, said: “The commencement of the Rayalaseema Steel Project reflects JSW’s confidence in Andhra Pradesh’s long-term industrial and economic potential. Under the leadership of Hon’ble Chief Minister Shri N. Chandrababu Naidu Ji, the state is creating a strong ecosystem for manufacturing, infrastructure and investment-led growth.
“We are proud to partner in this journey and contribute towards building globally competitive industrial capabilities in the region.”
The project will be completed in two phases. The first phase will see the construction of a 1MTPA integrated steel plant that will manufacture low-carbon steel products.
The second phase will focus on expanding the capacity of the plant to 2MTPA.
The plant will use an advanced electric arc furnace (EAF) technology, using recycled scrap and high-grade direct reduced iron (DRI) as raw material inputs in order to manufacture structural steel.
The project will also benefit from planned infrastructure developments, including road, rail and power connectivity.
By leveraging EAF technology, the project is expected to become one of JSW Steel’s most sustainable steelmaking facilities.
Jayant Acharya, joint managing director and CEO of JSW Steel, added: “India is entering a significant phase of manufacturing and infrastructure expansion, and Andhra Pradesh is at the forefront of this growth. Steel will remain a critical enabler of this growth. The project aligns with our long-term strategy of building future-ready manufacturing assets while supporting regional industrial development.
“We believe the project will play an important role in strengthening domestic steelmaking capabilities and supporting the region's growth ambitions.”