IIT Bombay and Sajjan Jindal-controlled JSW Group have entered into an exclusive strategic agreement to establish a state-of-the-art JSW Technology Hub in India for steel manufacturing.
IIT Bombay, has created The Centre of Excellence in Steel Technology (CoEST) through support from the Ministry of Steel, Government of India, and other industry partners. The JSW Technology Hub will be established within the CoEST with the key objective of achieving a rapid expansion of quality steel production while maintaining carbon emissions within the target levels, said a statement.