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20 May

JSW to spend $7.7 billion in consolidated capex

JSW Steel has earmarked INR 644.34 billion ($7.73 billion) in consolidated capex betwen fiscal year ending March 2025 (FY25) and FY27, Kallanish notes. The company states that about 95% of this capex budget is earmarked for Indian operations, while the remaining 5% is for overseas operations. The company plans to invest INR 200 billion in FY25, INR 230 billion in FY26 and INR 214.34 billion in FY27, according to its investor presentation for its fiscal fourt…
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