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L&T secures record domestic metals contract from JSW Steel to drive capacity expansion

India | May 07, 2026
Federal Reserve Building

Larsen & Toubro has landed its largest domestic metallurgical contract to date from JSW Steel. The agreement supports JSW Steel’s strategic objective to reach 50 million tonnes per annum capacity by 2031 through major infrastructure developments at key industrial hubs in Karnataka and Odisha.

Larsen & Toubro (L&T), an Indian multinational specializing in engineering, procurement, and construction (EPC) services, has secured its largest-ever domestic metals contract from JSW Steel. According to official disclosures, the project involves the comprehensive engineering and installation of critical process facilities, including blast furnaces and steel melt shops.

These developments will primarily take place at JSW Steel’s facilities in Ballari, Karnataka, and Paradip, Odisha, covering both greenfield and brownfield expansion initiatives. This collaboration is a central component of JSW Steel’s long-term growth strategy. The company, a leading integrated steel manufacturer, aims to increase its total crude steel capacity from 35 million tonnes per annum (MTPA) to more than 50 MTPA by 2031. For the broader industrial sector, this massive undertaking signals a robust period of capital investment in Indian metallurgical infrastructure, particularly in resource-rich eastern and southern regions.

The scale of this mandate reflects the deepening integration of India’s heavy engineering and metal sectors. By leveraging domestic EPC expertise for high-technology process facilities, the industry is positioning itself to meet rising internal demand while enhancing global competitiveness. For strategic stakeholders and investors, this contract reinforces L&T’s market leadership in complex industrial projects and underscores the capital-intensive nature of India’s primary metal expansion. As the nation targets higher manufacturing contributions to its economy, such large-scale infrastructure commitments serve as critical indicators of sustained industrial momentum and regional economic development.

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