Chennai: JSW Steel plans to invest Rs 800-1,000 crore (US$ 127.61-159.51 million) at its Salem unit in Tamil Nadu. The facility, which produces special steel and currently supplies largely to the automobile sector, will soon start catering to the aerospace sector.
Source:: http://www.ibef.org/news/jsw-steel-to-invest-around-rs-1000-crore-in-its-tamil-nadu-unit
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