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  • India's JSW Steel to set up $20 mln plant in Kashmir

    2021-10-28 11:34:05   [Print]
    India's JSW Steel said on Oct 25th it was investing some $20 million to set up a steel plant in Jammu and Kashmir as the Indian government pushes for development in the disputed region.

    The Muslim-majority region is contested between India and Pakistan, which both claim it in full but rule in part.

    Indian Prime Minister Narendra Modi's Hindu nationalist government has urged development in the India-ruled part of Kashmir, where an armed insurgency against New Delhi has raged for decades.

    JSW Steel said its 1.50 billion rupees ($20.Asian Metal Copyright50 billion rupees $20.Asian Metal Copyright01 million) steel plant would be set up in southern Kashmir's Pulwama, and that Indian Home Minister had given land allocation papers to JSW Steel Chairman Sajjan Jindal on Oct 25th.
    .Asian Metal Copyright The Muslim-majority region is contested between India and Pakistan, which both claim it in full but rule in partAsian Metal Copyright
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