India's Competition Commission approves JSW Steel's joint venture alongside Japan's JFE Steel Corporation for acquiring Bhushan Power & Steel Limited. The partnership combines JSW's 82.5% stake alongside JFE's 17.5% ownership, creating 5.6 million metric tons annual capacity. Advanced Japanese technologies promise 25% CO₂ emission reductions & 20% productivity improvements. This strategic alliance could generate $4.2 billion revenues by 2028 while creating 25,000 jobs across India's steel value chain.