- Business
- Jindal Stainless (Hisar) Limited manufactures stainless steel flat products including slabs, blooms, hot-rolled coils, cold-rolled coils and sheets, plates, precision strips, razor blade steel, and coin blanks in austenitic, ferritic, martensitic, and duplex grades; it also produces ferroalloys and long products such as wire rods, rebars, pipes, and tubes. The company, founded in 1975 as part of the OP Jindal Group and headquartered at O.P. Jindal Marg in Hisar, Haryana, India, operates manufacturing facilities primarily in Haryana with additional presence in states including Odisha, Gujarat, Andhra Pradesh, Tamil Nadu, and Maharashtra. Its products serve diverse sectors such as automotive and transport, railways, architecture, building and construction, process industries including chemical and petrochemical, consumer durables, kitchenware, food processing, nuclear applications, plumbing, capital goods, and defence. Jindal Stainless (Hisar) targets domestic and international markets with a focus on value-added specialty steels, positioning itself as India's largest producer of coin blanks and the world's largest producer of stainless steel razor blade strips. In recent developments, the company merged into Jindal Stainless Limited in March 2023 through a scheme of arrangement approved by shareholders and creditors, simplifying the group structure while enhancing combined melting capacity to approximately 2.9 million tonnes per annum; prior to this, it pursued capacity expansions including a precision strip mill and cold rolling enhancements, alongside innovations in nuclear and defence-grade stainless steels.