iStockJindal Stainless Ltd (JSL) is expecting a 20 per cent growth in topline over the next 12 months as the company ramps up the sales of value-added products and supplies to the railways. The company, spearheaded by Ratan Jindal, has a 1.9-million-tonne capacity in two locations, Hisar in Haryana and Jajpur. JSL, which earned Rs 21,000 crore in revenues last year, believes it would be able to help grow the downstream kitchenware industry in the east. The annual demand of kitchenware and allied application of stainless steel in India is valued at Rs 35,000 crore. The kitchenware application demand is Rs 14,000 croreThe company has a small subsidiary that showcases potential fabricators to promote downstream kitchenware.

Source: The Telegraph January 04, 2019 19:30 UTC