Jindal Steel to enter container making biz to address domestic shortages

The company plans to manufacture containers at a price point lower than the landed cost of imported boxes

Topics
Jindal Steel | Container cargo

Aditi Divekar  |  Mumbai 

Naveen Jindal-led Jindal Steel & Power (JSPL) will enter the container manufacturing business and plans to set up a facility either in Odisha or Chattisgarh. “The decision has been taken just last week. For us, it is a downstream product and we already make the kind of speciality steel needed for manufacturing containers. We also have the technology and hence foray into this segment will not be difficult,” V.

R. Sharma, managing director at Jindal Steel & Power told Business Standard. India has no container manufacturers. The biggest container manufacturer in the world ...

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First Published: Thu, January 21 2021. 19:03 IST
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