6 MTPA Integrated Steel Plant Joint Venture
One of 5,043 projects Taiyo tracks in Odisha.
Source: Business Standard
JSW Steel and POSCO Group have approved a joint venture to set up a greenfield 6 million tonne per annum integrated steel plant in Odisha, India. The project will be developed by Saffron Resources Private Limited, a wholly owned subsidiary of JSW Steel, which will become a 50:50 joint venture between JSW Steel and POSCO Group. The JV aims to leverage POSCO's technology and manufacturing capabiliti
- Status
- Prospective
- Sector
- Steel, Manufacturing (Industrial), Automotive
- Location
- Odisha, India
- Updated
- 22 Jul 2026
- Source
- Business Standard
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | JSW Steel and POSCO Group have approved a joint venture to set up a greenfield 6 million tonne per annum integrated steel plant in Odisha, India. The project will be developed by Saffron Resources Private Limited, a wholly owned subsidiary of JSW Steel, which will become a 50:50 joint venture between JSW Steel and POSCO Group. The JV aims to leverage POSCO's technology and manufacturing capabilities for high-grade steel products for automotive and other applications. |
Original sector | Manufacturing |
Budget |
Location
Country | India |
State | Odisha |
Source
Source | Business Standard |
URL |
More Details
Record type | Project |
Sector | Steel, Manufacturing (Industrial), Automotive |
Article published date | 2026-04-20 |
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