JSW Steel Ltd (JSW Steel), a subsidiary of JSW Group, is a steel producer involved in the manufacturing of a wide range of steel products. It carries out the production of crude steel, value-added and special products, and serves various industries including infrastructure, automotive, renewable energy, and defense. In FY2025, the company produced 27.79 million tonnes of crude steel and sold 26.45 million tonnes of steel. JSW Steel is supplier for major infrastructure projects such as the Mumbai-Ahmedabad Bullet Train and various metro projects across Indian cities.

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JSW Steel has undertaken various R&D initiatives focusing on new process and product development, process improvements for quality maximization, cost and energy optimization, waste utilization, and conservation of natural resources. Key focus areas include resource utilization optimization, quality and productivity improvements, product development and customization, recycling and reuse of process waste, reducing CO2 footprint using Green Hydrogen, greenhouse gas emissions reduction by Carbon Capture and Utilization, technology development for upgrading low-grade iron ores, and promoting slag usage. The company is actively involved in industry-institute partnerships and has initiated several collaborative projects with leading academic and research institutes. The R&D activities at JSW Steel are carried out at various works including Vijayanagar, Dolvi, Salem, and Raigarh. Each unit is responsible for specific projects and initiatives aimed at improving processes, developing new products, and enhancing operational efficiency. For instance, Vijayanagar works focus on beneficiation studies, reduction in tailing loss, and development of complex phase steel, while Dolvi works concentrate on zinc separation processes and gas channeling prediction models. In FY2025, the company filed 20 patents and was granted 20 patents. The company has developed numerous new products, with 58 products developed at Vijayanagar works and 12 at Dolvi works during FY2025. Major technology alliances include collaborations with BHP and Carbon Clean for Cyclone CC TM technology deployment and partnerships with academic and research institutes such as IIT Bombay and CSIR-NML Jamshedpur. In FY2025, the company spent INR42,270 million on R&D, which as a percentage of revenue stood at 0.025%.