BUSINESS PROFILE :
JSW Steel Ltd, formerly Jindal Vijayanagar Steel Ltd (JVSL), was incorporated as a public limited company on March 15, 1994. It is promoted by Jindal Iron and Steel Company Ltd, associate companies, and Karnataka State Investment and Industrial Development Corporation. The company is a fully integrated steel plant having units across Karnataka and Maharashtra producing materials from pellets to colour coated steel.
It has set up an integrated steel plant to manufacture 1.65 mtpa of hot-rolled coils at Torangallu, Karnataka, which includes a pellet plant at an estimated cost of Rs 300 crores. It is one of the few steel manufacturers in the world to follow the corex process for production of hot metal. Posco and Saldanha are two other companies using the corex process. JVSL is the first steel company in India to implement a total integrated resource planning solution for its business process. The modules involved in its ERP project are materials management, steel process tracking system, computer managed maintenance system, Oracle financials and product costing.
JSW has stated plans for 7 MTPA by 2008 and is targeting an eventual capacity of 10 MTPA by 2010 at its Vijaynagar facility,. This, coupled with the 10 MTPA that JSW has proposed in Jharkhand, would take the company`s total capacity to 20 MTPA by 2012. |
