Tuesday , October 26 2021

Jindal Stainless signs MoU with BCL

Jindal Stainless (JSL) has signed a Memorandum of Understanding (MoU) with Braithwaite & Co (BCL), a Government of India undertaking under the Ministry of Railways, to develop stainless steel foot-over-bridges (FOBs), road-over-bridges (ROBs) etc., on the sidelines of the ongoing International Railway Equipment Exhibition (IREE) in New Delhi.

This MoU intends to fulfill Railways’ vision of world-class railway infrastructure in the country by synergizing the expertise of India’s largest stainless steel producer, JSL and Indian Railways’ trusted fabrication expert, BCL. This collaboration comes at the right time as Railways is currently in the process of modernization on a massive scale. JSL will be supplying stainless steel to BCL for developing FOBs on railway platforms, ROBs on municipal roads, smart city skywalks, road bridges, and rail bridges. Indian Railways continues to be a prominent customer for JSL with the company holding a share of around 70% in the railway wagon segment and 60% in the coach segment.

Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

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