TOKYO -- JSW Steel is taking aim at India's growing appetite for materials used in energy infrastructure and electric vehicles, starting with plans to make steel sheet for transformers with longtime Japanese partner JFE Steel.
Tucked in a forest in the state of Karnataka is JSW's sprawling Vijayanagar works. This is the world's sixth-largest steelworks, able to produce 12 million tonnes of crude steel a year, the company says. JSW, India's second-largest steelmaker, aims to increase capacity there by 50% to 18 million tonnes by 2025.
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