Mukand Sumi Special Steel Limited (MSSSL) – a joint venture between Bajaj Group’s Jamnalal Sons Pvt Ltd and Sumitomo Corporation, Japan – has announced an investment of ₹2,345 crore to establish a state-of-the-art integrated steel manufacturing facility at Kanakapura, Karnataka.
🏭 Key Highlights:
- Capacity: 700,000 tonnes per year
- Segments served: Automotive, Railways, Energy, Oil & Gas, Bearings
- Sustainability-first model: Zero liquid discharge | 95%+ renewable energy usage
- Operations start: Expected by early 2028
This strategic expansion will further strengthen MSSSL’s position as a leading producer of high-grade specialty steels in India, driving growth in critical industries while championing sustainability.
#MukandSumi #SpecialtySteel #GreenManufacturing #Sustainability #SteelIndustry #InvestInIndia