Jayaswal Neco Industries enters into MoU with Ministry of Steel
The company has entered into MoU for participating in the PLI Scheme 1.2 for Specialty Steel
Jayaswal Neco Industries has entered into a Memorandum of Understanding (MoU) on February 09, 2026 with the Ministry of Steel (MoS), Government of India for participating in the PLI Scheme 1.2 for Specialty Steel.
The Company has signed MoU for Alloy Steel including Stainless Steel Rolled-Long Products category under the Capacity Augmentation option committing investments in its existing Steel making facilities for Rs 45.08 crore with Committed Enhancement in the Annual Production of 18,000 TPA, 30,000 TPA, 55,000 TPA & 80,000 TPA respectively in the financial years 26-27, 27-28, 28-29 and 29-30.
Jayaswal Neco Industries is the leading manufacturer and supplier of a comprehensive variety of sanitary castings which include Centrifugally Cast Iron Pipe & Fittings, Cast Iron Manhole cover with Frames, Cast iron castings etc.
