Jindal Advanced Materials (JAM) has partnered with Italian chemical fiber manufacturer MAE to establish a carbon fiber facility in India.
With plans to expand its capacity to 10,000 MT by 2027, the Rs 2,700 crore plant will have an annual production capacity of 3,500 MT.
The facility will offer a range of intermediates, including prepregs, fabrics, multiaxial, and composites, for various industrial needs. The project is expected to be operational within 30 months.
The development will position JAM as a major supplier of carbon fiber. The company aims to penetrate industrial markets, offering lightweight solutions.
CP Agrawal, Director, JAM, said, “This collaboration aligns with the Make in India initiative, reflecting JAM’s dedication to advancing India’s carbon fiber industry across various applications. JAM and MAE S.p.A. are poised to completely transform the market, solidifying India’s standing as the world’s preeminent hub for the production of advanced materials.”
“With our combined expertise and resources, we aim to set new benchmarks and cater to the growing demand in India and beyond,” said Marco Rovellini, CEO, MAE S.p.A.
