Group

JSW Infrastructure Sets Ambitious Target to Become India’s Leading Integrated Ports and Logistics Player

Press Release
19 December, 2024

  • Aims to expand its cargo-handling capacity to 400 MTPA by FY30

  • Capex estimated around Rs 30,000 crores over FY25-30

  • Share of third-party cargo increased from 5% in FY19 to 48% in 1HFY25

  • Strong balance sheet with zero net debt as of Sep 30, 2024

JSW Infrastructure (JSWIL), India’s second-largest private port operator and part of the JSW Group, is set to reshape the nation’s ports and logistics sector with its bold growth strategy. The company aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30.

Strategic Investments to Drive Capacity Expansion

The Company has an estimated capex of Rs 30,000 crores for FY25-30 to achieve 400 million tonnes per annum capacity. Key initiatives include:

  • Brownfield projects: Capacity enhancements at Jaigarh, Dharamtar, and Goa.
  • Greenfield developments: New ports at Jatadhar, Keni, and Murbe.
  • Logistics integration: Acquisitions like Navkar Corporation and a slurry pipeline project to bolster its end-to-end logistics solutions.

Diversified Customer Base for Long-Term Resilience

While JSWIL continues to benefit from its association with JSW Group companies, it has made significant progress in diversifying its customer base. The share of third-party cargo increased from 5% in FY19 to 48% in 1HFY25. The company aims for an equal mix of group and third-party customers, enhancing operational stability and profitability.

Commitment to Sustainable Development

In an effort to combat global warming and climate change, JSW Infrastructure Limited has committed to curtail its direct GHG emissions and achieve net neutrality by 2050.

Commenting on the company’s vision,

Mr.Rinkesh Roy, Joint MD & CEO, JSW Infrastructure said:

"We are committed to developing a robust, efficient and integrated ports and logistics ecosystem that aligns with India's economic growth and infrastructure development goals. By prioritizing capacity expansion and diversifying our customer and product profiles, I am confident we will deliver substantial long-term value to our stakeholders."

Mr.Lalit Singhvi, CFO & Whole Time Director, JSW Infrastructure said:

I am excited to share that JSWIL's robust financial foundation, with a solid balance sheet and zero net debt, fuels our ambitious expansion plans. We are strategically positioned to drive capacity additions and pursue value-accretive acquisitions, all while maintaining solid financial matrices."

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