Jindal - Annual Report 23-24

Corporate Overview
Developing a Stainless Steel Ecosystem

Developing a Stainless Steel Ecosystem

facilitating competency for india’s stainless future

STAINLESS ACADEMY

Jindal Stainless has emerged as a leading provider of stainless steel solutions for various industries. Through a wide range of products and their versatile applications across different sectors, the company caters to the evolving needs of its customers and contributes to the advancement of industries. Similarly, recognising the vast potential of stainless steel and its applications, the company established the Stainless Academy in 2015. This one-of-a-kind academy serves as a hub for education, training, skilling, upskilling, research, and collaboration, not only for its employees but also for other stakeholders.

The Stainless Academy has already made significant progress, reaching out to fabricators, MSME enterprises, railways, other industries, and engineering, polytechnic, and industrial training institutes. To further enhance the reach of the Stainless Academy, Jindal Stainless launched Project Yogyataa in partnership with PricewaterhouseCoopers Pvt Ltd Yogyataa, a 12-month initiative, aims to strengthen the Stainless Academy, drive category recognition, and build capabilities within the downstream ecosystem of the stainless steel sector.

The Stainless Academy envisions becoming the apex initiative for developing and adopting industry-relevant and standardised, nationally accredited technical training and education related to stainless steel.

The academy intends to achieve the following objectives through specialised interventions for various target groups within the stainless steel ecosystem:

Increase awareness in the broader ecosystem about stainless steel’s potential and benefits.

Create partnerships for research and innovation, enhancing public relations to influence policy-making around stainless steel with a focus on skilling, upskilling, ESG, education, and social reforms

Upskill and build the capabilities of stakeholders (especially downstream) while preparing new talent.

Create partnerships for research and innovation, enhancing public relations to influence policy-making around stainless steel with a focus on skilling, upskilling, ESG, education, and social reforms.

Achieve category recognition for stainless steel as a material of choice and an alternative to many other products, aligning with ESG priorities in the sector.

THE CURRENT INITIATIVES OF THE STAINLESS ACADEMY ARE:

Skill India Programme

The Stainless Academy has conducted skill training programmes in collaboration with the Capital Goods Sector Skill Council and the National Skill Development Corporation (NSDC). These programmes offer reskilling and upskilling to independent fabricators in the stainless steel industry. Over 1,300 trainees have received short-term training through the Stainless Academy under its National Skills Qualification Framework (NSQF) aligned course, providing formal recognition of fabricators’ skills across various sectors.

Fabricator Training Programme

The Stainless Academy organised several hands-on awareness training programmes benefitting industrial and stainless steel fabricators nationwide. These programmes and workshops educate grassroots fabricators about the features and applications of stainless steel. Till FY24, 333 fabricator training programmes have been conducted across India impacting 32,912 fabricators.
Industry & MSME Training Programme

To bolster the downstream of the stainless-steel ecosystem, the Industry & MSME Training Programme of Stainless Academy focuses on MSME workers. This programme comprises a variety of short-term courses delivered through instructor-led workshops covering welding, steel alloys, fabrication, infrastructural solutions, and best practices for managing shop-floor operations. Industry and MSME training programmes have been conducted for over 700 participants across India.

Indian Railways Wagon Workshops

Stainless Academy has organised training programmes for the workers of the railway wagon repairing workshops. These programmes aim to provide comprehensive training and upskill the workers. To date, over 400 personnel have been trained under these programmes.

Further, the company was appreciated by Eastern Railway, Jamalpur, for the three-day hands-on training programme on fabrication with stainless steel at the Jamalpur Wagon Repair Workshop conducted between December 7 and 9, 2023. Information relevant to stainless steel, such as welding, handling, cutting, and advanced tools, among other details, was imparted during the workshop.

Industry & MSME Training Programme

To bolster the downstream of the stainless-steel ecosystem, the Industry & MSME Training Programme of Stainless Academy focuses on MSME workers. This programme comprises a variety of short-term courses delivered through instructor-led workshops covering welding, steel alloys, fabrication, infrastructural solutions, and best practices for managing shop-floor operations. Industry and MSME training programmes have been conducted for over 700 participants across India.

Indian Railways Wagon Workshops

Stainless Academy has organised training programmes for the workers of the railway wagon repairing workshops. These programmes aim to provide comprehensive training and upskill the workers. To date, over 400 personnel have been trained under these programmes.

Further, the company was appreciated by Eastern Railway, Jamalpur, for the three-day hands-on training programme on fabrication with stainless steel at the Jamalpur Wagon Repair Workshop conducted between December 7 and 9, 2023. Information relevant to stainless steel, such as welding, handling, cutting, and advanced tools, among other details, was imparted during the workshop.

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Elective Course on Stainless Steel in Premier Engineering Institutes

The Stainless Academy has introduced a stainless steel course in the following premier engineering institutes:

Indian Institute of Technology (IIT), Kharagpur

Indian Institute of Technology (IIT) BHU, Varanasi

Indian Institute of Engineering Science and Technology (IIEST), Shibpur

National Institute of Technology (NIT), Trichy

National Institute of Technology (NIT), Rourkela

National Institute of Technology (NIT), Durgapur

O P Jindal University (OPJU), Raigarh

The course is offered as an elective subject in metallurgy and architecture, mechanical, and civil engineering. It aims to help students learn about stainless steel’s characteristics, properties, and uses. In the academic year 23–24, the programme has reached over 427 students across seven premier engineering institutes.
Elective Course on Stainless Steel in Premier Engineering Institutes

The Stainless Academy has introduced a stainless steel course in the following premier engineering institutes:

Indian Institute of Technology (IIT), Kharagpur

Indian Institute of Technology (IIT) BHU, Varanasi

Indian Institute of Engineering Science and Technology (IIEST), Shibpur

National Institute of Technology (NIT), Trichy

National Institute of Technology (NIT), Rourkela

National Institute of Technology (NIT), Durgapur

O P Jindal University (OPJU), Raigarh

The course is offered as an elective subject in metallurgy and architecture, mechanical, and civil engineering. It aims to help students learn about stainless steel’s characteristics, properties, and uses. In the academic year 23–24, the programme has reached over 427 students across seven premier engineering institutes.

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Training and Display Vans

The Stainless Academy operates four training and display vans that traverse the whole country, providing hands-on training and raising public awareness about stainless steel through roadshows and exhibitions. Built on four concepts – Household, Industrial, General Use, and Infrastructure – these display vans effectively showcase the diverse applications of stainless steel across different segments.

Each van is equipped with fabrication tools to provide onsite fabrication experiences and serve as a benchmark for fabrication quality. These state-of-the-art vans inspire fabricators and welders, covering over 4,00,000 kilometres annually and delivering more than 300 programmes across the country.

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Stainless Steel Course in Government Polytechnics

Stainless steel courses have been introduced across polytechnics in Haryana and Odisha to upskill Indian youth and create employment opportunities. These professional courses equip students with technical knowledge and provide an understanding of stainless steel applications in the industry. In 2022, Jindal Stainless signed an MoU with the Haryana State Board of Technical Education and the State Council for Technical Education & Vocational Training, Odisha, to introduce a 10-hour stainless steel module for mechanical and metallurgy engineering students in all government polytechnics in Haryana.

Additionally, a 42-hour elective course was launched at government polytechnics in Hisar, Jajpur, and Kendrapada, and BOSE Cuttack, with 87 students opting for the elective (71 students from Polytechnic Odisha and 16 from Polytechnic Hisar).

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Strengthening R&D: Collaborating with Premier Institutes

IIT BOMBAY PARTNERSHIP: ESTABLISHING A CHAIR PROFESSORSHIP

Jindal Stainless has signed an agreement with IIT Bombay to establish a Chair Professorship aimed at advancing research in industrial processes and product technologies within the stainless steel sector. An eminent IIT Bombay professor with a distinguished research background will be appointed to this prestigious Chair, specifically from the Department of Metallurgical Engineering and Materials Science.

This initiative seeks to integrate courses related to the metallurgy of stainless and special steels into the existing B Tech and M Tech programmes and promote PhD research in this field. The Chair Professor will also develop short-term academic courses and training modules to educate India’s future engineers on stainless steel applications. Additionally, through conferences, seminars, and workshops, the Chair will foster greater use of stainless steel within the engineering fraternity. This collaboration will facilitate industry-academia research, paving the way for disruptive innovations in product and process technology and addressing industrial challenges. Ultimately, it will contribute to India’s infrastructural development and the evolving engineering landscape.

IIT KHARAGPUR: EXECUTING METALLURGICAL PROJECTS

One of India’s premier educational institutions, IIT Kharagpur, signed an MoU with Jindal Stainless, marking a pivotal moment in the advancement of metallurgical research and development. In a bid to foster industry-academia collaboration, the company will work with IIT Kharagpur on metallurgical projects such as process optimisation, materials characterisation, and primary alloy production. This strategic alliance signifies a significant step forward in metallurgy, promising groundbreaking advancements and fostering a culture of innovation as both organisations leverage their strengths to drive meaningful progress and contribute to the industry’s growth.

This MoU represents another milestone in industry-academia collaboration. By combining the academic expertise of IIT Kharagpur with the company’s leading position in the stainless steel industry, the partnership aims to address pressing challenges and unlock new opportunities in metallurgy. IIT Kharagpur is poised to offer technical and operational solutions, and together, the collaboration envisions pushing the boundaries of innovation, fostering transformative solutions, and nurturing a new era of excellence in stainless steel technology. This initiative aligns with the Anusandhan National Research Foundation (ANRF) objectives under the Viksit Bharat 2047 vision.

Strengthening R&D: Collaborating with Premier Institutes

IIT BOMBAY PARTNERSHIP: ESTABLISHING A CHAIR PROFESSORSHIP

Jindal Stainless has signed an agreement with IIT Bombay to establish a Chair Professorship aimed at advancing research in industrial processes and product technologies within the stainless steel sector. An eminent IIT Bombay professor with a distinguished research background will be appointed to this prestigious Chair, specifically from the Department of Metallurgical Engineering and Materials Science.

This initiative seeks to integrate courses related to the metallurgy of stainless and special steels into the existing B Tech and M Tech programmes and promote PhD research in this field. The Chair Professor will also develop short-term academic courses and training modules to educate India’s future engineers on stainless steel applications. Additionally, through conferences, seminars, and workshops, the Chair will foster greater use of stainless steel within the engineering fraternity. This collaboration will facilitate industry-academia research, paving the way for disruptive innovations in product and process technology and addressing industrial challenges. Ultimately, it will contribute to India’s infrastructural development and the evolving engineering landscape.

Read more
IIT KHARAGPUR: EXECUTING METALLURGICAL PROJECTS

One of India’s premier educational institutions, IIT Kharagpur, signed an MoU with Jindal Stainless, marking a pivotal moment in the advancement of metallurgical research and development. In a bid to foster industry-academia collaboration, the company will work with IIT Kharagpur on metallurgical projects such as process optimisation, materials characterisation, and primary alloy production. This strategic alliance signifies a significant step forward in metallurgy, promising groundbreaking advancements and fostering a culture of innovation as both organisations leverage their strengths to drive meaningful progress and contribute to the industry’s growth.

This MoU represents another milestone in industry-academia collaboration. By combining the academic expertise of IIT Kharagpur with the company’s leading position in the stainless steel industry, the partnership aims to address pressing challenges and unlock new opportunities in metallurgy. IIT Kharagpur is poised to offer technical and operational solutions, and together, the collaboration envisions pushing the boundaries of innovation, fostering transformative solutions, and nurturing a new era of excellence in stainless steel technology. This initiative aligns with the Anusandhan National Research Foundation (ANRF) objectives under the Viksit Bharat 2047 vision.

Read more