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JSW Steel and Japan's JFE Steel JV to Acquire Thyssenkrupp Electrical Steel India for ₹4,051 Crore Thyssenkrupp Electrical Steel India Specializes in Manufacturing and Selling Grain-Oriented Electrical Steel from Its Facility in Nashik, Maharashtra JSW Steel and Japan's JFE Steel to Acquire 100% Stake in Thyssenkrupp Electrical Steel India for ₹4,051.4 Crore JSW Steel, in a joint venture with Japan's JFE Steel Corporation, announced the acquisition of a 100% stake in Thyssenkrupp Electrical Steel India (tkES India) for ₹4,051.4 crore. The acquisition was approved by JSW Steel’s Board of Directors on October 18, 2024. Thyssenkrupp Electrical Steel India, located in Nashik, Maharashtra, specializes in the manufacture and sale of grain-oriented electrical steel.n

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Founder And CEO Of F... • 7m

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