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Jai Balaji Industries Limited (JAIBALAJI) operates in the Basic Materials sector, specifically Steel. Incorporated in 1999 and based in Kolkata, India, the company manufactures and markets a range of iron and steel products such as TMT bars (under the Balaji Shakti brand), sponge iron, pig iron, and ductile iron pipes, primarily in India and also exports. It also produces cement, ferro alloys, and generates power.