New Delhi, May 1 -- Jindal Stainless Ltd (JSL) on Wednesday revealed plans to invest Rs 5,400 crore in expanding its capacity to 4.2 million tonnes per annum, media reported.

Companys Managing Director Abhyuday Jindal said that these investments will be executed over the next two years, with approximately 90 percent of the funding sourced from internal accruals, a report in the media said.

Breaking down the investment plan, Jindal explained that this will add to the companys melting capacity by over 40 percent to 4.2 MTPA, said the report.

This will entail an investment of more than Rs 700 crore, he said, according to the report.

Further, the company has allocated around Rs 1,900 crore for enhancing its downstream lines at its facilit...