Jindal Stainless wins dual recognition at CII energy awards

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Jindal Stainless wins dual awards at CII National Energy Management Awards 2026
  • Jajpur unit receives 'Excellent Energy Efficient Organization' Award
  • Hisar unit conferred 'Excellent Energy-Efficient Unit' Award
  • Company reported FY26 annual turnover of ₹42,955 crore
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Jindal Stainless secured dual recognition at the CII National Award for Excellence in Energy Management 2026. The company's Jajpur and Hisar manufacturing units were honoured for their contributions to energy efficiency and sustainable operations.

The Jajpur unit received the 'Excellent Energy Efficient Organization' Award, while the Hisar unit was conferred the 'Excellent Energy-Efficient Unit' Award. The ceremony took place in Hyderabad from September 16–18, 2026.

Operational efficiency measures

The awards recognise organisations demonstrating excellence in energy management, conservation, innovation, and sustainable industrial practices. The Jajpur unit's accolade acknowledges its efforts to optimise energy consumption, deploy resource-efficient technologies, and enhance process efficiencies.

At the Hisar unit, the evaluation included a presentation of an energy management case study. The plant highlighted its integrated approach through technology adoption, renewable energy integration, waste heat recovery systems, fuel substitution, and process optimisation.

Strategic focus

Abhyuday Jindal, Managing Director, Jindal Stainless, stated that sustainability and operational excellence go hand in hand. He added that energy efficiency remains a critical pillar of the company's decarbonisation journey and efforts to build a sustainable future.

The company reported an annual turnover of ₹42,955 crore ($4.86 billion) in FY26. It maintains an annual melt capacity of 4.2 million tonnes across 16 manufacturing and processing facilities globally.

Historical Stock Returns for Jindal Stainless

1 Day5 Days1 Month6 Months1 Year5 Years
+1.93%-2.89%-4.70%-7.72%-6.75%+332.50%

How will Jindal Stainless leverage these awards to further reduce its carbon footprint across remaining facilities?

What specific investments in renewable energy integration are planned following the success at the Hisar unit?

Could the operational efficiencies recognized at Jajpur and Hisar be scaled to the company's international manufacturing facilities?

Jindal Stainless signs MoU with NCVET for Awarding Body recognition

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Jindal Stainless signed an MoU with NCVET on September 18, 2026, gaining recognition as an Awarding Body
  • The company can now develop and offer government-recognised industry-led qualifications for the stainless steel sector
  • NCVET approved the first qualification: "Stainless Steel Decorative Pipe & Tube Manufacturing Operator" at NSQF Level 4
  • The initiative builds on Stainless Academy’s work in training blue- and white-collar workers across ITIs and polytechnics
  • Jindal Stainless reported an annual turnover of INR 42,955 crore and a melt capacity of 4.2 million tonnes in FY26
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Jindal Stainless signed a Memorandum of Understanding with the National Council for Vocational Education and Training (NCVET) on September 18, 2026, securing recognition as an Awarding Body. This status enables the company to develop and offer government-recognised, industry-led qualifications aligned with the stainless steel ecosystem's skill requirements.

The agreement positions Jindal Stainless to award, assess, and certify learners for approved qualifications through its owned or managed training centres. The signing ceremony was attended by Ms Debashree Mukherjee, Chairperson of NCVET and Secretary of the Ministry of Skill Development and Entrepreneurship; Lt. Col. Vikram Singh Bhati, Secretary to the Council cum Director of NCVET; Mr Vijay Sharma, Director – Corporate Affairs at Jindal Stainless; and Ms Bhavna Chopra Srikrishna, Head – Stainless Academy.

Qualification Approval

NCVET has approved the first qualification developed by Jindal Stainless: "Stainless Steel Decorative Pipe & Tube Manufacturing Operator." This qualification falls under the Capital Goods sector at NSQF Level 4 and will be awarded to trainees completing relevant courses. As an apex national regulator for vocational education, NCVET’s approval validates the industry-specific curriculum designed by the company.

Workforce Development Strategy

The recognition builds on Jindal Stainless’ existing efforts through Stainless Academy, its education and skilling initiative. Since inception, the Academy has focused on developing a skilled blue- and white-collar workforce through industry-aligned training, curriculum development, and specialised programmes for ITIs, polytechnics, and engineering colleges. It also engages in MSME cluster development.

Mr Abhyuday Jindal, Managing Director, Jindal Stainless, stated that India’s manufacturing ambitions depend on human capabilities alongside infrastructure and technology. He noted that the NCVET recognition marks an important step in giving industry a stronger role in shaping the capabilities required for the stainless steel sector.

Mr Vijay Sharma added that the Academy has evolved beyond conventional training to work across academic institutions, MSMEs, fabricators, and other stakeholders. He highlighted that the NCVET recognition provides a platform to bring greater structure to this work, aligning skills with the sector’s evolving requirements.

What the Numbers Show

While this announcement is non-financial, it underscores Jindal Stainless’ operational scale and long-term planning. With an annual turnover of INR 42,955 crore (USD 4.86 billion) in FY26 and a melt capacity of 4.2 million tonnes, the company is investing in human capital infrastructure to support its extensive manufacturing network. The focus on NSQF Level 4 certifications suggests a targeted effort to standardise entry-level technical skills across its 16 manufacturing and processing facilities in India and abroad.

Historical Stock Returns for Jindal Stainless

1 Day5 Days1 Month6 Months1 Year5 Years
+1.93%-2.89%-4.70%-7.72%-6.75%+332.50%

How might the standardization of NSQF Level 4 certifications impact Jindal Stainless' labor costs and productivity metrics across its 16 global facilities in the medium term?

Will Jindal Stainless leverage its Awarding Body status to expand its training services as a revenue-generating B2B offering for MSMEs and other industry stakeholders?

What is the projected timeline for developing and NCVET-approving additional qualifications beyond the initial 'Decorative Pipe & Tube Manufacturing Operator' course?

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