Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectors

Economic Times - Nov 5, 2026

Jai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel for railways, defense and aerospace applications, along with renewable energy initiatives. The expansion is expected to create over 20,000 employment opportunities in the region. Additionally, the company aims to enhance its production capabilities in precision engineering and specialized copper products.

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