Gurugram, November 3, 2023: Jindal Stainless, India’s largest stainless steel manufacturer, has won seven gold and one silver awards at the International Convention on Quality Concepts (ICQC) 2023 for excellence in quality management. The prestigious award, announced at a four-day event held in Beijing, China, recognises the company’s initiatives in improving and implementing operational excellence at the shopfloor.
Over 900 companies across diverse industries from 13 countries such as India, China, Indonesia, Korea, Malaysia, Singapore, Thailand and Zambia participated in the 48th edition of the annual convention. While the five teams from Hisar won four gold and one silver, all three teams from Jajpur bagged gold. The evaluation parameters included the method of project selection, cause analysis, effectiveness of countermeasure formulation, degree of achievement of project objectives, and level of standardisation.
On the occasion, Managing Director, Mr Abhyuday Jindal, Jindal Stainless, said, “Jindal Stainless has been a consistent winner at the ICQC over the years. The award this year is a recognition of our unwavering commitment to ensuring excellence in our overall operations that ultimately impact our societal and economic decisions. We have set up 440 quality circle teams at the shopfloor at both our plants in order to facilitate problem-solving to achieve excellence in operational efficiency.”
Recently, Jindal Stainless also won 42 gold, seven silver and one bronze award at the 34th Chapter Convention on Quality Concepts (CCQC) - Delhi Chapter, an annual event organised by the Quality Circle Forum of India (QCFI).
About Jindal Stainless
India’s leading stainless steel manufacturer, Jindal Stainless, has an annual turnover of INR 35,700 crore (US $4.30 billion) in FY23, and is ramping up its facilities to reach 3 million tonnes of annual melt capacity in FY24. It has two stainless steel manufacturing facilities in India, in the states of Odisha and Haryana. Jindal Stainless has a worldwide network in 15 countries and one service centre in Spain. In India, there are 10 sales offices and six service centres. The company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, blade steel and coin blanks.
Integrated operations have given Jindal Stainless the edge in cost competitiveness and operational efficiency, making it one of the world’s top five stainless steel players (ex-China). Founded in 1970, Jindal Stainless continues to be inspired by a vision for innovation and enriching lives and is committed to social responsibility. The company boasts an excellent workforce, value-driven business operations, customer centricity and the best safety practices in the industry.
JSL remains committed to a greener, sustainable future, fuelled by environmental responsibility. The company manufactures stainless steel using scrap in an electric arc furnace, the least greenhouse gas emission route since it enables 100% recyclability with no reduction in quality, thereby achieving a circular economy. The company aims to reduce carbon emission intensity by 50% until FY 2035 (from FY 2022 baseline levels of 1.91 tonnes CO2/tonnes of crude steel) and achieve Net Zero by 2050.
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