Indian mining, steel heavyweight opens up shop in SA

Multinational Indian mining, steel and power conglomerate Jindal Steel & Power has officially launched its new Jindal Africa head office, in Johannesburg, marking the company’s fifth year of activity in South Africa and creating a springboard for its penetration into other Southern African countries. Affirming his belief in the country’s status as the gateway to Africa, Jindal Steel & Power MD and CEO Ravi Uppal said at the launch on Friday that the company’s core competencies were in sectors central to the needs of developing States, such as South Africa.