Jindal Stainless to identify site for ₹40,000 cr Maharashtra project: CEO

•Jindal Stainless is identifying a site for its ₹40,000 crore Maharashtra project, with CEO Tarun Khulbe saying it's a time-consuming process.

•The company expects to have clarity on the project in the next 1-2 quarters and will then announce its plans.

•Jindal Stainless is scouting for land options in Maharashtra for its proposed stainless steel facility with a 4 million tonnes per annum capacity.

•The project will be constructed in phases, with the first phase operational in four years, and will produce specialized steel grades for emerging sectors.