Jindal Stainless said Monday it has set up a dedicated facility for Railways in Chennai which will supply stainless steel components to the Integral Coach Factory (ICF) there.
Demonstrating its robust engagement with the Indian Railways, Jindal Stainless, through its subsidiary JSL Lifestyle Ltd, commissioned its first dedicated facility for Railways in Chennai, the company said in a statement here.
The company is expecting an initial revenue of nearly Rs 100 crore annually from this facility and the revenue is expected to touch nearly Rs 300 crore annually once the enhanced capacity reaches 7,200 tonne, it said.
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