Mumbai, Aug. 5 -- JSW Steel Ltd, in strategic partnership with Japan's JFE Steel Corporation, on Monday announced a major expansion in the manufacturing of grain-oriented electrical steel (GOES) through their joint ventures in Vijayanagar (Karnataka) and Nashik (Maharashtra).

The companies will scale up India's GOES capacity to 350,000 tonnes per annum, with a joint investment of Rs.5,845 crore, according to a Moneycontrol report.

Of this, Rs.1,545 crore will go toward enhancing capacity at the Vijayanagar plant, while the step-down JV entity will invest Rs.4,300 crore in expanding the Nashik facility.

The Nashik unit, now operating under JSW JFE Electrical Steel Nashik Pvt Ltd (J2ESN)-formerly thyssenkrupp Electrical Steel India Pvt L...