JSW Steel is planning to invest about Rs. 45,000 crore over a period of four years from FY 2017-18 to FY 2020-21, to expand steel making capacities, besides modernising and expanding capacities of its downstream businesses."These projects will further enhance our efficiencies and generate superior returns. The completion of these projects will take our overall capacity from 18 MTPA currently to 24.7 MTPA by March 2020," JSW Steel chairman Sajjan Jindal said while addressing shareholders at the company's 24th AGM on Tuesday.
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