JSW Group
 | |
| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1982 |
| Founder | Sajjan Jindal |
| Headquarters | Mumbai, Maharashtra, India |
Area served | Worldwide |
Key people |
|
| Products | |
| Revenue | $12 billion[1] |
Number of employees | 55,000[2] |
| Parent | OP Jindal Group |
| Subsidiaries |
|
| Website | www |
JSW Group is an Indian multinational conglomerate based in Mumbai. It is led by Sajjan Jindal and part of the OP Jindal Group.[3] The group is active in sectors such as steel, energy, minerals, ports & infrastructure, and cement, across India, the US, South America, and Africa. JSW Steel, JSW Energy, JSW Ispat Steel, and JSW Cement are among the subsidiaries of JSW Group.[4]
Earlier, the name was Jindal South West. Later, the company adopted the name of JSW to promote it as a brand. The headquarters of JSW Group is located at JSW Centre in Kalina, Mumbai.[5]
Subsidiaries
JSW Steel is India's leading private sector steel producer.[6] 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.[7]
JSW Energy has a power generation capacity of 4531 megawatts.[8]
A subsidiary, JSW Infrastructure Limited, is based in Mumbai.[9] Its primary business interests are in the development of infrastructure for ports, roads, and rail connectivity.[9][10]
In April 2019, JSW Group announced their venture into consumer goods industry with JSW Living as their consumer brand entity.[11]
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$72 million), with ₹250 of equity investment and a ₹350 crore debt investment from Axis Bank.[12][13]
Through its subsidiary JSW Sports, the group also owns the Indian Premier League cricket team Delhi Capitals (in partnership with GMR Group), the Indian Super League football team Bengaluru FC and the Pro Kabaddi League team Haryana Steelers.[14]
References
- ^ JSW - About Groups
- ^ "Steel firms engage with vaccine makers for bulk supply of doses for employees". LiveMint. Retrieved 25 January 2021.
- ^ "Won't give away control of JSW Steel: Sajjan Jindal: 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: About Us
- ^ "Steelmaker Rankings by World Steel Dynamics". Archived from the original on 25 November 2015.
- ^ "About JSW Steel". www.jsw.in. Retrieved 24 December 2015.
- ^ "JSW Group - JSW Energy - Homepage". www.jsw.in. Retrieved 24 December 2015.
- ^ a b "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.
- ^ 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.
- ^ "Sajjan Jindal's Heavy Lifting". www.businesstoday.in. Retrieved 25 January 2021.