Jindal Stainless Inaugurates First Stainless Steel Fabrication Unit in Mumbai; Share Price in Focus

Jindal Stainless, India’s largest stainless steel producer, has launched its first stainless steel fabrication unit at Washivali, Patalganga, in Mumbai through its wholly owned subsidiary, Jindal Stainless Steelway Limited (JSSL). 

The ₹125 crore facility is designed to support India’s growing infrastructure needs, particularly in the bridge construction sector, by offering end-to-end fabrication solutions.

Facility Details and Strategic Purpose

Spread across 4 lakh square feet, the new fabrication unit will cater to critical infrastructure requirements, producing bridge girders and other essential stainless steel components. The plant, inaugurated by Jindal Stainless CEO and CFO Tarun Khulbe, represents a strategic expansion of the company’s operations from material manufacturing to fabrication and integrated project solutions.

In its first phase, the unit will achieve a fabrication capacity of 18,000 tonnes per annum by FY26–27, up from 4,000 tonnes currently. The project will create more than 250 direct jobs and benefit over 150 families indirectly. It will also serve as a skill development hub, equipping workers with advanced fabrication expertise for the infrastructure sector.

Leadership Insights and Sustainability Goals

As per the exchange filing, Managing Director Abhyuday Jindal said, “This fabrication unit represents another step in our efforts to provide integrated solutions for customers. Bridges are critical connectors, linking people, businesses, and economic activity across the nation. With this unit, we aim to implement stronger end-to-end quality management to ensure India’s infrastructure is built to the highest standards.”

CEO and CFO Tarun Khulbe added, “Developing a trained fabricator ecosystem has long been a challenge in translating the excellence of stainless steel into reliable, high-quality fabrications. With this facility, we are bridging that gap by combining material excellence with skill development and streamlined production.”

Aligned with the company’s ESG goals, the Mumbai fabrication unit will become solar-power enabled in its next phase, further enhancing its sustainability credentials. Jindal Stainless also plans to expand fabrication facilities to other regions in the coming years.

Read More: Jindal Stainless Q1FY26 Earnings Results: Posted 11% Rise in PAT, and EBITDA up by 4.3%.

Jindal Stainless Share Price Performance 

As of October 6, 2025, at 12:40 PM, Jindal Stainless share price is trading at ₹768 per share, reflecting a decline of 2.57% from the previous closing price.

Conclusion

The launch of Jindal Stainless’s first fabrication unit marks a pivotal step in strengthening India’s infrastructure supply chain. With a focus on high-quality, corrosion-resistant stainless steel components, the facility will not only boost domestic manufacturing but also reinforce the company’s leadership in sustainable and long-lasting infrastructure solutions.

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