JSW Infrastructure Limited (JSWIL), India’s second-largest private port operator and a key entity of the JSW Group, has unveiled ambitious expansion plans to solidify its position as the nation’s leading integrated ports and logistics player. The company aims to increase its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30, with an estimated capital expenditure of ₹30,000 crore for the period FY25-FY30.
Key Initiatives
- Brownfield Projects: Capacity enhancements at existing ports, including Jaigarh, Dharamtar, and Goa.
- Greenfield Developments: New port establishments at Jatadhar, Keni, and Murbe.
- Logistics Integration: Strategic acquisitions like Navkar Corporation and investments in a slurry pipeline project to bolster end-to-end logistics solutions.
Customer Base Diversification
JSWIL has successfully increased its share of third-party cargo from 5% in FY19 to 48% in 1HFY25, with a goal of achieving a balanced mix of group and third-party customers. This strategic shift is aimed at enhancing operational stability and profitability.
Financial Strength and ESG Commitment
With a zero net debt position as of September 30, 2024, JSW Infrastructure is well-positioned to fund its ambitious growth plans. The company also remains committed to achieving net neutrality in greenhouse gas emissions by 2050, reflecting its dedication to sustainable development.
Leadership Insights
Rinkesh Roy, Joint MD & CEO of JSW Infrastructure, highlighted the company’s vision to align with India’s economic growth and infrastructure goals. Lalit Singhvi, CFO, emphasized the company’s robust financial foundation as a driver for its expansion strategy.
About JSW Infrastructure
JSW Infrastructure operates ten strategically located port concessions along India’s west and east coasts, with additional facilities in Fujairah, UAE. Renowned for environmentally sustainable operations, JSWIL is poised to become a key player in India’s infrastructure growth story.
