JSW Steel was originally known as Jindal Vijayanagar Steel Limited (JVSL).
The company was incorporated on March 15, 1994, to establish a major steel manufacturing plant at Toranagallu in Karnataka.
π How JSW Steel Was Formed
Later, JVSL merged with:
β’ Jindal Iron and Steel Company Limited (JISCO)
After the merger, the company officially became:
β
JSW Steel Limited
π Official Name Change
The company changed its name to JSW Steel Limited in June 2005.
ποΈ About JVSL
Jindal Vijayanagar Steel Limited was created to develop one of Indiaβs largest integrated steel plants in the Bellary-Hospet region of Karnataka.
Today, the Vijayanagar plant is recognized as:
β’ Indiaβs largest integrated steel plant
β’ One of the worldβs largest steel manufacturing facilities
π¨βπΌ Leadership
JSW Steel is part of the JSW Group and is led by Sajjan Jindal.
β‘ In simple words:
The old name of JSW Steel was Jindal Vijayanagar Steel Limited (JVSL), which later merged with JISCO to become JSW Steel in 2005.