A LEGACY SYNONYMOUS
WITH STAINLESS STEEL
About JSL
A LEGACY SYNONYMOUS WITH STAINLESS STEEL
In 1952, the visionary entrepreneur Shri Om Prakash Jindal founded the O P Jindal Group, envisioning India’s development through world-class business ventures. Today, the group is a global conglomerate, with its divisions scaling diverse industries like steel, power, mining, etc.
Founded in 1970, Jindal Stainless Limited (JSL) embarked on this vision with a sharp focus on innovation and a keen eye on social responsibility. The bifocal approach has strengthened JSL’s stature – a company built on a competent workforce, anchored in value-driven business operations, committed to industry-leading safety and sustainable practices, and guided by a customer- centric approach. JSL is India’s foremost and largest Swadeshi stainless steel manufacturer, seamlessly operating across the value chain – from securing raw materials to delivering high-value finished products.
The company serves core sectors like railways, automotive, infrastructure, consumer durables, and oil & gas through 16 manufacturing and processing facilities located in India (Hisar and Jajpur) and abroad, including a global presence across 12 countries. Over the years, JSL’s integrated operations have enhanced its cost competitiveness and operational efficiency.
Guided by its foundational vision, JSL continues to pursue purposeful growth, prioritising green, decarbonisation, and sustainable strategies. In essence, JSL’s integrated growth journey is defined by its use of electric arc furnaces, adoption of green hydrogen, expansion of renewable energy capacity, transparent ESG disclosures, sustainable logistics, and innovations in stainless solutions, forging a stainless future for India and the world.
Vision
Improving lives through trustworthy
and innovative stainless solutions.
Mission
- To be a leading stainless steel company in the world
- Forging reliable relationships with customers, suppliers, employees and all other stakeholders
- Building strong capabilities driving innovative practices, high quality and competitive solutions
Numbers That Matter
in India
Product Mix
Contractual)
Milestones
THE LEGACY OF INNOVATION AND
PURPOSE CONTINUES
1970
The establishment of Jindal Strips Limited at Hisar, a mini steel plant producing hot rolled carbon steel coils, plates, slabs, and blooms, marks the inception of not only Jindal Stainless but also the entire O P Jindal Group of Companies. Today, this industrial conglomerate boasts an annual turnover of over USD 38 billion.
1978
Under the stewardship of O P Jindal, PR Jindal pioneers the Argon Oxygen Decarburization (AOD), a significant advancement in stainless steel technology. This innovation leads to the production of India’s first indigenously manufactured stainless steel.
1980
The company’s stainless steel products, with quality standards on par with imported stainless steel, gain widespread recognition. The company also undertakes the expansion of its downstream facilities.
1983
The company sets up a cold rolling unit in Vasind village in Thane district, Maharashtra, which later becomes a part of JSW Steel Limited.
1986
The company launches its Initial Public Offer (IPO) of 12,00,000 equity shares and 4,80,000 non- convertible debentures. It also acquires a steel manufacturing unit from Piramal Steels Limited, which subsequently becomes a part of JSW Steel Limited.
1988
Amid a severe shortage of nickel due to depleted forex reserves, the company introduces the low-nickel 200 series commercially for the first time globally. This trend is soon adopted by China and , subsequently, by the rest of the world. The company’s popularised J1, J2, J3, and J4 grades remain in vogue today.
1991
The company takes a significant leap in manufacturing excellence by becoming the exclusive producer of stainless steel strips for razor and surgical blades in India. Four years later, it adds stainless steel precision strips to its product portfolio. The company also establishes a sponge iron plant at Raigarh in Madhya Pradesh, which later becomes a part of Jindal Steel and Power Limited (now Jindal Steel Limited).
1996
The Hisar plant undergoes a major expansion to produce sophisticated, high-end stainless steel. The company’s stainless steel melting capacity expands by 3,50,000 tonnes this year. Jindal Ferro Alloys Ltd., established in 1987, is amalgamated with the company, forming the Ferro Alloys Division in Visakhapatnam, Andhra Pradesh.
2000
The company commences the production of coin blanks in Hisar. Jindal Stainless also opens a 40,000 tonnes cold rolling facility, Massilon Stainless, in Ohio, USA, to manufacture thin grades of stainless steel for the US market. However, the unit is closed down following economic slowdown in the US after the September 2001 terrorist attack.
2001
Deepika Jindal’s pioneering leadership revolutionises stainless steel. She launches Arttd’inox, a premium brand of homeware and tableware that combines the utility of stainless steel with the elegance of art.
2002
Jindal Strips is restructured and the manufacturing operations are spun off to form Jindal Stainless. Arttd’inox introduces designer stainless steel lifestyle products in the retail market. The company also acquires Jindal Chromite Mines in Kaliapani village, Odisha.
2003
Ratan Jindal initiates the establishment of a 3.2 million tonnes integrated stainless steel project at Kalinga Nagar Industrial Complex in the Jajpur district of Odisha. The facilities are installed in two phases over the subsequent years.
2004
Jindal Stainless expands its presence in the markets of South East Asia and Oceania with the acquisition of a stainless steel cold rolling plant in Indonesia.
2005
The Jindal Stainless Foundation, the CSR arm of Jindal Stainless, is established. The company enters a joint venture with Steelway and opens four service centres. Two years later, the company forms an international joint venture and establishes Iberjindal SL, a service centre in Spain. Steelway is later acquired as a fullyowned subsidiary.
2011
The Hisar unit expands to a capacity of 0.8 million tonnes, and production commences at the Jajpur unit with a capacity equivalent to Hisar’s.
2014
Jindal Stainless is chosen to supply stainless steel to the globally renowned International Thermonuclear Experimental Reactor’s cryostat megaproject in France.
2017
Jindal Stainless becomes India’s first metal manufacturing firm to transition to the HANA enterprise cloud platform. The company also ventures into the defence sector by signing an agreement with DRDO to manufacture high nitrogen steel (HNS), becoming India’s first company to commercially manufacture HNS.
2020
The Jajpur unit expands operations to produce 1.1 million tonnes. With Hisar’s 0.8 million tonne capacity, the total capacity reaches 1.9 million tonnes annually.
2023
The company achieved new heights with the acquisition of Rathi Super Steel (now JSL Super Steel) and Jindal United Steel Limited. The Collaboration Agreement with New Yaking Pte Ltd made JSL the first Indian company to invest in Nickel Pig Iron abroad (Indonesia), while the merger process of JSL and JSHL also achieved fruition.
2024
Jindal Stainless’ comprehensive investment strategy, valued at ~INR 5,400 crores, aims to achieve global leadership in stainless steel. Simultaneously, the acquisition of a 100% equity stake in Chromeni positions the company to ascend the value chain.
2025
Sustainability is at the forefront as Jindal Stainless installs Odisha’s largest captive industrial solar plant in collaboration with AB Energia, with a cumulative capacity of over 30 MWp. Additionally, the company, through its subsidiary JSL Super Steel, signs an 11 MWp long-term Power Purchase Agreement (PPA) with Sunsure Energy.
Geographical Outlook
CHARTING A GLOBAL LEGACY ON INDIAN SOIL
Product Portfolio
FORGED FOR VERSATILITY, BUILT FOR SCALE
Jindal Stainless’ diversified portfolio serves critical sectors such as automobile, railway and transport (ART), process and engineering, consumer durables, and architecture building construction (ABC). The company is a leading manufacturer of the 200, 300, and 400 series, catering to a vast spectrum of requirements in varied applications and sectors.
Capacity (Metric Tonnes Per Annum) as of FY25
(including JUSL)
Annealing Pickling)
Annealing Pickling)