[7] Later, in 1994, Jindal Vijayanagar Steel Limited (JVSL) was set up with its plant located at Toranagallu in the Bellary-Hospet area in the State of Karnataka, the heart of the iron ore belt and spread over 10,000 acres (40 km2) of land.

As part of its corporate strategy, the company typically directs half of its flat products to downstream facilities for additional value-enhancing processes like galvanizing, coating, or tinning.

[13][14] Additionally, the company will earn carbon credits based on the amount of conventional thermal power that is substituted with green energy.

[15] By 2030, the company plans to set up a green steel plant to comply with the European Union’s Carbon Border Adjustment Mechanism[16] and gradually reduce it use of blast furnaces throughout its value chain.

Critics argue that JSW Steel's actions undermine global efforts to economically isolate Russia and pressure its government to end the conflict in Ukraine.

[37] In April 2021, the company acquired Plate and Coil Mill Division (PCMD) of Welspun Corp for a sum of ₹848.5 cr.

[43] In January 2023, JSW Steel entered into an agreement via one of its subsidiary to acquire 31 percent stake in startup Ayena Innovation which deals in home furnishings and interior decoration sector.

[49] However, this new agreement aims to double rail-making capacity to 600,000 tonnes per year in Piombino, enhancing local employment and reducing imports.

[50] In May 2023, JSW Steel bagged iron ore blocks in the Surjagarh area of Maoist-affected Gadchiroli district in Maharashtra after bidding for a composite license through government auctions.

[52] In the past, JSW Steel has additionally acquired mining assets in the United States,[53] the Republic of Chile,[54] and Mozambique.

[55] Based on the latest information as of August 2023, JSW Steel is actively seeking partners to put forth a proposal to acquire a 75% share in Teck Resources' coal mining assets.