JSW and JFE will equally contribute ₹1,966 crore in equity. (Photo/Reuters) JSW Steel Ltd and Japan’s JFE Steel Corporation have announced a joint investment of ₹5,845 crore (approximately $669 million) to expand the production capacity of cold rolled grain-oriented (CRGO) electrical steel in India. The investment aims to meet the rapidly growing domestic demand for energy-efficient electrical steel used in transformers, power generation equipment, and other high-efficiency e