India’s JSW Steel plans to invest $145 million in new projects to upgrade US manufacturing
India

India’s JSW Steel plans to invest $145 million in new projects to upgrade US manufacturing

These investments & projects will help in producing high quality ‘melted and manufactured in USA’ steel products, said Parth Jindal, director of JSW Steel USA.

   
The logo of JSW is seen on the company's headquarters in Mumbai | File Photo: Reuters

The logo of JSW is seen on the company's headquarters in Mumbai | File Photo: Reuters

Bengaluru: India’s JSW Steel Ltd said on Wednesday that its unit, JSW Steel USA, plans to invest $145 million in new projects to upgrade its manufacturing operations in Ohio.

“These investments & projects will help us in producing high quality ‘melted and manufactured in USA’ steel products required by our customers in the infrastructure and renewable energy sectors,” said Parth Jindal, director of JSW Steel USA.

(Reporting by Ashna Teresa Britto in Bengaluru; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.


Also read: Bank loan fraud: ED attaches over Rs 12 cr assets of Pune group