JSW Steel completes Rs 750-cr investment in JSW paints
JSW Steel has fulfilled its commitment by investing the final tranche of Rs 750 crore in JSW Paints. The strategic investment was made in multiple installments to support the expansion plans of JSW Paints, which is establishing a unit for manufacturing decorative and industrial paints in Pithampur, Madhya Pradesh. The last installment of Rs 75 crore was completed on 22 November 2023, following a previous investment of Rs 300 crore in 2021.