JINDAL STEEL WORKS

JSW Steel Ltd. (BSE: 500228, NSE: JSWSTEEL) The flagship company of
over $13 billion JSW Group, JSW Steel is one of India's leading integrated steel manufacturers
with a capacity of 18 MTPA. It is one of the fastest growing companies in India with a footprint
in over 140 countries. JSW Steel is an Indian steel company owned by the JSW Group based
in Mumbai, Maharashtra, India. JSW Steel, after merger of ISPAT steel, has become India's
second largest private sector steel company. The current installed capacity is 18 MTPA.[3] A $13
billion conglomerate, with presence across India, USA, South America & Africa, the JSW Group
is a part of the O.P. Jindal Group with strong footprints across core economic sectors, namely,
Steel, Energy, Infrastructure, Cement, Ventures and Sports.[4] JSW's history can be traced back
to 1982, when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill
at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO).

The Group set up its first steel plant in 1982 at Vasind near Mumbai. Soon after, it 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).
Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in
the Bellary-Hospet area of Karnataka and External Areas of Andra Pradesh, the heart of the high-
grade iron ore belt and spread over 3,700 acres (15 km2) of land. It is just 340 kilometres
(210 mi) from Bangalore, and is well connected with both the Goa and Chennai Port. In 2005,
JISCO and JVSL merged to form JSW Steel Ltd.

JSW Steel has also formed a joint venture for steel plant in Georgia. The Company has also tied
up with JFE Steel Corp, Japan for manufacturing the high grade automotive steel. The Company
has also acquired mining assets in Republic of Chile, United States and Mozambique.
Type Public

Traded as BSE: 500228

NSE: JSWSTEEL

Industry Steel

Founded 1982

Founder Sajjan Jindal

(Chairman)

Headquarters Mumbai, Maharashtra, India

Area served Worldwide

Key people Sheshagiri Rao MVS, Dr.Vinod

Nowal

Products Steel, flat steel products, long

steel products, wire products,
plates

Revenue ₹715.03 billion(US$9.9 billion)

(2017-18)[1]

Net income ₹13.34 billion(US$190 million)

(2013-14)[1]

Number of 11103
employees
History:

In 1994, Jindal Vijayanagar Steel (JVSL) was set up with its plant located at Toranagallu in
the Bellary-Hospet area in the State of Karnataka, the heart of the high-grade iron ore belt and
spread over 10,000 acres (40 km2) of land.[6] over a decade. It also set up a plant at Salem with
an annual capacity of 1 million tonne. It is on the threshold of a major expansion plan of adding
3.2 million tons per annum to its at Vijayanagar Plant to achieve 11 MTPA by 2011. It has
established a strong presence in the global value-added steel segment with the acquisition of a
steel mill in US and a Service Center in United Kingdom. JSW Steel has also formed a joint
venture for setting up a steel plant in Georgia. The Company has further acquired iron ore mines
in Chile and coal mines in USA & Mozambique.The current manufacturing capacity of company
is 18 MTPA. [7] In Aug 2014, it acquired Welspun Maxsteel Ltd in a deal valued at around 1,000
Crores.[8] JSW has already acquired 3 MTPA Hot Rolling Plant in Dolvi Maharashtra (earlier
named Ispat Industries Ltd.).

Vision and Mission:

SW Steel Limited (“JSW”) believes in creating sustainable growth while balancing utilization of
natural resources and social development in its business decisions.
It also believes in pursuing its business objectives ethically, transparently and with accountability
to its stakeholders across the value chain.
JSW is committed to promote integrated responsible behaviour and value for social and
environmental well-being.

JSW’s commitment to do business responsibly is built into the core values of the Company to
conduct every aspect of business responsibly and sustainably.

It relies on:

• A dynamic leadership

• Adherences to core values

• A well-articulated Enterprise Risk Management framework.

• Practices that seek to sustain and enhance the long term competitive advantage of JSW with
care for the society and environment.

Achievements:
Site Achievements:
SW Steel Limited (“JSW”) believes in creating sustainable growth while balancing utilization of
natural resources and social development in its business decisions.
It also believes in pursuing its business objectives ethically, transparently and with accountability
to its stakeholders across the value chain.
JSW is committed to promote integrated responsible behaviour and value for social and
environmental well-being.

JSW’s commitment to do business responsibly is built into the core values of the Company to
conduct every aspect of business responsibly and sustainably.

It relies on:

• A dynamic leadership

• Adherences to core values

• A well-articulated Enterprise Risk Management framework.

• Practices that seek to sustain and enhance the long term competitive advantage of JSW with
care for the society and environment.
Team Achievement:

 International Convention on Quality Circle Chapter (ICQCC): Gold Award to Innovator

Quality Circle Team” from SMS-II received on October 15, 2014 at Sri Lanka.

 National Convention on Quality Circle (NCQC): Three teams (Innovators - SMS-2,

Janani-BF3, and Abhimanyu-BF4) were conferred with Par Excellence award, which is
the highest honour in the category and one team (Sarthak-Coke Oven) was adjudged
 excellent award, the second highest honour and was received on December 22, 2014 at
Pune.

 Chapter Convention on Quality Circle (CCQC) All the teams (Innovators – SMS-2,
Janani-BF3, and Abhimanyu-BF4, Sarthak – Coke Oven)were conferred with Gold award
on September 7, 2014 at Bengaluru.

 JSW Steel Ltd., Salem Par Excellence Award from National Convention on Quality
Concepts for Six Sigma project.