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Business News/ Industry / Manufacturing/  JSW Group to invest additional Rs3,400 crore at cement facility in Salboni
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JSW Group to invest additional Rs3,400 crore at cement facility in Salboni

After the cement unit is commissioned in March next year, the JSW proposes to expand it and also set up a captive power plant, a decorative paint manufacturing facility and steel processing unit at Salboni, says Sajjan Jindal

JSW Group chairman Sajjan Jindal. File photo: MintPremium
JSW Group chairman Sajjan Jindal. File photo: Mint

Kolkata: The JSW Group on Tuesday announced in Kolkata that it will invest an additional Rs3,400 crore at its cement production facility currently under construction at Salboni in West Bengal.

After the 2.4 million tonne grinding unit is commissioned in March next year, the group proposes to expand it and also set up a captive power plant, a decorative paint manufacturing facility and steel processing unit at the Salboni integrated complex, chairman Sajjan Jindal said.

Also Read: JSW gives up on steel, power plants in Bengal

The total investment is estimated at Rs3,400 crore, and these facilities, when commissioned, would generate around 1,500 jobs, he added.

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Published: 18 Oct 2016, 08:41 PM IST
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