JSW Steel to commission auto grade steel plant by March.

JSW Steel Limited is set to commission its 2.3 million tonne per annum auto-grade steel manufacturing unit at the Vijayanagar plant in Bellary district of Karnataka by March 2014. The company has invested close to Rs. 4,500 crore for this unit, which will make outer body panels for passenger cars.

'We will complete the setting up of the unit by March and commission it. We have been supplying underbody parts to car manufacturers from our existing unit. We are in the process of developing the outer body panels, which is the most difficult product,' said Vinod K Nowal, managing director, JSW Steel Limited.

BS