The BC Jindal Group has revealed a plan to invest a substantial Rs 15,000 crore in a new greenfield downstream steel manufacturing facility in Odisha. 

The investment, to be made in three phases through its subsidiary Jindal India Steel Tech Limited (JISTL), aims to boost the production of special coated steel products. 

The first phase, with an outlay of Rs 2,500 crore, will focus on a Cold Rolling Mill (CRM), Continuous Galvanising Line (CGL), and Colour Coating Line (CCL) with an initial annual capacity of 9.6 lakh tonnes. 

The group plans to eventually expand the Odisha unit's flat product capacity to 30 lakh tonnes per annum by 2030.