JSW Steel and Japan's JFE Steel JV to Acquire Thyssenkrupp Electrical Steel India for โน4,051 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 โน4,051.4 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 โน4,051.4 crore. The acquisition was approved by JSW Steelโs 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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