JSW's history can be traced back to 1982, when Jindal Group acquired Piramal Steel Ltd., which operated a mini steel mill at Tarapur in Maharashtra. The Jindals, who had wide experience in the steel industry, renamed it as Jindal Iron and Steel Co Ltd. (JISCO) now known as JSW Steel Limited (Tarapur & Vasind Works)
In 1994, to achieve the vision of moving up the value chain and building a strong, resilient company, JISCO promoted Jindal Vijayanagar Steel Ltd (JVSL) now known as JSW Steel Limited (Upstream). Its plant is located at Toranagallu in the Bellary-Hospet area of Karnataka, the heart of the high-grade iron ore belt, and spread over 3,700 acres of land. It is just 340 kms from Bangalore, and well connected to Goa and Chennai ports.
JSW Steel Ltd. Encompasses:
Tarapur and Vasind Works
It is here that all began. A new chapter was written in the history of Indian Steel Industry when JSW made its foray at Vasind in 1982 and setup a 20 Hi CR mill. JSW then acquired a mini steel mill, which moved on to become JSW Steel Ltd.
Downstream, the unit of JSW boasts of India’s largest selling facilities for downstream processing. Apart from being a leading manufacturer of cold rolled and color coated steel, Tarapur and Vasind works is today India’s biggest producer and largest exporter of galvanized steel. Its strategic location, with access to the major ports of Mumbai, markets and raw material sources has worked to its advantage.
As JSW Steel Ltd. Downstream grew phenomenally. It also steered Tarapur and Vasind towards newer horizon of prosperity. Apart from providing more jobs, JSW actively participates and organizes various social and cultural activities to make lives richer. The region is now cleaner, happier and even more beautiful. Better health initiative, promotion of sports and education are few of the development initiative that has gained in JSW presence.
Vijayanagar Works
JSW knew that well begun was half done. In order to move up the value chain and build up a strong resilient company, JSW needed to expand. Which is why in 1994, JSW Steel Ltd. Upstream work was set up at Vijayanagar. Located in the heartland of the high-grade iron ore belt at Toranagallu in the Billary-Hospet area of Karnataka, JSW Steel Ltd. occupies 3,700 acres of land. This integrated plant runs about 340 kms from Bangalore and is well connected to the Goa and Chennai ports. Using the latest global technologies, JSW Steel Ltd. upstream works produces customized flat products from iron ore pellets to hot rolled coils.
JSW Steel Ltd. Upstream was the first Greenfield project to have Corex as manufacturing facility. JSW’s sensitive approach has also lead to the development of Vijayanagar into a modern township. Enveloped by acres of green planted and maintained by JSW, Vijayanagar is prospering in leaps and bounds. Today it produces 3.8 MTPA and is being expanded to a capacity of 10 MTPA by 2010, which will make it the largest integrated steel plant at one site in the country. Be it education, career opportunity or women empowerment. JSW’s imitative have gone a long way in making Vijayanagar the success that it is today. |
