Corporate News     20-Jun-24
JSL supplies stainless steel for 'Made in India' freight wagons shipped to Mozambique

Jindal Stainless recently supplied stainless steel to manufacture 100 ‘Made in India' freight wagons, being exported to Mozambique. These wagons, made up of grade IRSM 44 stainless steel specially developed by Jindal Stainless for Indian Railways freight stock, were exported from Gujarat's Deendayal Port to South Africa's Mozambique's Port of Nacala with the support of the Ministry of Ports, Shipping and Waterways, Government of India. The ministry hailed the development as a major step forward in India's improving export capabilities and its growing prowess in manufacturing and logistics.

The custom-made tippler-style wagons, with a payload of 63 metric tonnes each, were conceptualised and designed by Jindal Rail Infrastructure (JRIL).

JRIL has a proven track record of supplying superior quality railway wagons to Indian Railways, the private sector and international markets, and developing new designs of wagons. JRIL has designed and developed these wagons which are lighter in weight from existing wagons. Around 4.3 tonnes of stainless steel specially developed by Jindal Stainless was used to fabricate the floor, side, and end walls of each wagon. Choosing stainless steel over carbon steel ensures enhanced durability and longevity due to its superior corrosion resistance and inert properties, leading to a lower life cycle cost and lower life cycle carbon emissions. The wagons will help transport coal and iron ore, among other things. Of the total 100 wagons, 24 have reached Mozambique, 26 are currently at the port, and the remaining 50 are being transported to the port.

Previous News
  Jindal Stainless Ltd drops for fifth straight session
 ( Hot Pursuit - 11-Jul-24   13:36 )
  Jindal Stainless to hold board meeting
 ( Corporate News - 25-Jun-24   09:43 )
  Board of Jindal Stainless to consider change in terms of existing NCDs
 ( Corporate News - 24-Jun-24   18:17 )
  JSL supplies stainless steel for 'Made in India' freight wagons shipped to Mozambique
 ( Corporate News - 20-Jun-24   17:30 )
  Nifty above 23,450 mark; metal stocks shine
 ( Market Commentary - Mid-Session 14-Jun-24   14:33 )
  Board of Jindal Stainless approves acquisition of balance 46% stake in Chromeni Steels
 ( Corporate News - 14-Jun-24   13:57 )
  Jindal Stainless acquires 46% stake in Chromeni Steels
 ( Hot Pursuit - 14-Jun-24   12:43 )
  Jindal Stainless Ltd up for five straight sessions
 ( Hot Pursuit - 11-Jun-24   13:00 )
  Jindal Stainless completes acquisition of Evergreat International Investment, Singapore
 ( Corporate News - 04-Jun-24   19:02 )
  Jindal Stainless Ltd spurts 1.44%
 ( Hot Pursuit - 24-May-24   13:05 )
  Nifty slides below 22,200; IT shares extend gains for 4th day
 ( Market Commentary - Mid-Session 16-May-24   12:43 )
Other Stories
  Intelligent Supply Chain Infrastru.Trust to declare Quarterly Result
  23-Jul-24   20:10
  Suzlon Energy schedules AGM
  23-Jul-24   20:10
  Lotus Eye Hospital & Institute to convene AGM
  23-Jul-24   20:10
  Sharanam Infraproject & Trading schedules AGM
  23-Jul-24   20:10
  Capri Global Capital receives credit rating for CP programme
  23-Jul-24   19:34
  Infosys partners with UVC Partners
  23-Jul-24   19:10
  Himadri Speciality Chemical allots CPs aggregating Rs 50 cr
  23-Jul-24   19:09
  Outcome of Oil & Natural Gas Corpn regarding sustainable capital restructuring of OPaL
  23-Jul-24   19:05
  MCX announces resignation of director
  23-Jul-24   19:04
  Board of SpiceJet approves QIP issue of Rs 3,000 cr
  23-Jul-24   18:56
Back Top