JSW Steel plans to embark on a capex program worth Rs 7000-8000 crore. Sajjan Jindal, chairman and managing director of JSW Steel has stated that the company is looking at both organic and inorganic growth. The steel industry growth is largely affected by pending environmental issues and over capacity world wide. The company is looking forward for set up blast furnace project in the next three years. As of now it is being designed to produce 5 million tonnes of metal. The project is estimated to cost Rs 2,500 crore.