Jindal Stainless Ltd plans to invest 100 crore in Rathi Super Steel over the next two years as it seeks to expand its infrastructure offerings in the medium term.

Jindal Stainless acquired debt-ridden Rathi Super Steel earlier this year for around 200 crore through the debt resolution process.

"This is our first entry into long products, and the main reason for that is because of the country's focus on infrastructure," Abhyuday Jindal, managing director of Jindal Stainless Ltd, told ET.

It intends to increase Rathi Super Steel's annual Manufacturing capacity from 150,000 tonnes to around 200,000 tonnes.

Only about 2-5% of Jindal Stainless' current product portfolio is suitable for use in the infrastructure sector. It intends to increase this to 15-20% over the next two to three years in order to establish itself as a major player in this space.

Historically, the company has relied heavily on flat stainless-steel products, whereas the infrastructure segment relies on long products such as wire rods, bars, and re-bars.

The Rs 100 crore investment in Rathi Super Steel will be used to increase capacity and improve plant quality, making it more adaptable to products required in the infrastructure sector.