JSW Group
JSW Group is an Indian businesses conglomerate. It is led by Sajjan Jindal and part of the Jindal Group.[2] Earlier, the name was Jindal South West. Later, the company adopted the name of JSW to promote it as a brand. Now the group has footprints across various sectors: Steel, Energy, Minerals, Port & Infrastructure, and Cement, across India, the US, South America, and Africa. JSW Steel Ltd, JSW Energy, JSW Infrastructure, and Ispat industries Ltd are subsidiaries of JSW Group.[3]
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Private | |
Industry | Conglomerate |
Founded | 1982 |
Founder | Sajjan Jindal (Chairman) |
Headquarters | Mumbai, India |
Area served | Worldwide |
Key people | Sajjan Jindal, Seshagiri Rao, Parth Jindal, Sangita Jindal |
Products | Steel, cement, energy, infrastructure, ventures, sports |
Revenue | ₹99,370 crore (US$14 billion)(2015) [1] |
Number of employees | 40,000 |
Parent | OP Jindal Group |
Subsidiaries | JSW Steel Ltd. JSW Energy Ltd. JSW Holdings Ltd. JSW Infrastructure & Logistics Ltd. Vijaynagar Minerals Pvt. Ltd. Jindal Praxair Oxygen Co. Ltd. JSoft Solutions Ltd. JSW Building Systems Ltd. Haryana Steelers JSW Ispat Steel Ltd. CIC Energy Corp JSW Cement Ltd Haryana Steelers (Kabaddi franchise) Bengaluru FC (Football franchise) Delhi Capitals (Cricket franchise) |
Website | www |
Today, JSW Energy has a power generation capacity of 4531 megawatts.[4] JSW Steel has one of the world's largest single blast furnaces with a capacity of 4.8 MTPA, taking JSW's overall installed capacity to 23 MTPA.[5] JSW Steel is India's leading private sector steel producer.[6] The headquarters for JSW group are located at JSW Centre, in Kalina, Mumbai.[7]
In April 2019, JSW group announced their venture into consumer goods industry with JSW Living as their consumer brand entity.[8]
The JSW Group announced the establishment of JSW Paints on 2 May 2019. The venture was set up with a total investment of ₹600 crore (US$84 million), with ₹250 of equity investment and a ₹350 crore debt investment from Axis Bank.[9][10]
JSW Infrastructure Limited
A subsidiary, JSW Infrastructure Limited, is based in Mumbai.[11] Its primary business interests are in the development of infrastructure for ports, roads, and rail connectivity.[11][12]
References
- JSW - About Groups
- "Won't give away control of JSW Steel: Sajjan Jinda: Rediff.com Business". Getahead.rediff.com. 6 July 2006. Retrieved 24 September 2010.
- "JSW Group not to cancel Rs 100 cr Maytas deal". Rediff.com. 31 December 2004. Retrieved 23 December 2010.
- "JSW Group - JSW Energy - Homepage". www.jsw.in. Retrieved 24 December 2015.
- "About JSW Steel". www.jsw.in. Retrieved 24 December 2015.
- "Steelmaker Rankings by World Steel Dynamics". Archived from the original on 25 November 2015.
- JSW: About Us
- Pillay, Amritha (4 April 2019). "Sajjan Jindal-promoted JSW Group announces entry into steel furniture biz". Business Standard India. Retrieved 5 April 2019.
- Gaur, Vatsala (2 May 2019). "JSW Paints aims at Rs 2,000 crore revenue over three years". The Economic Times. Retrieved 3 May 2019.
- Thomas, Tanya (2 May 2019). "JSW enters paints business with ₹600 crore investment". Mint. Retrieved 3 May 2019.
- "JSW in five-fold ramp-up at Jaigarh - Money - DNA". Dnaindia.com. 31 August 2009. Retrieved 24 September 2010.
- "JSW Companies | JSW Infrastructure Ltd". Jsw.in. Archived from the original on 27 September 2010. Retrieved 24 September 2010.