JSW Group

2021-06-14T16:58:21Z

2405:201:D002:3C87:C0E6:DAC8:21B9:D119: rm promo

{{Short description|Indian multinational conglomerate company}}
{{Use dmy dates|date=September 2015}}
{{Use Indian English|date=September 2015}}
{{Infobox company
| name = JSW Group
| logo = JSW Group logo.svg
| logo_size =
| type = [[Privately held company|Private]]
| founded = {{start date and age|1982}}
| founder = [[Sajjan Jindal]]
| location = [[Mumbai]], [[Maharashtra]], [[India]]
| area_served = Worldwide
| key_people = {{Plainlist|
*[[Sajjan Jindal]] ([[Chairman]])
*[[Sangita Jindal]] ([[Chairperson]])
*[[Parth Jindal]] ([[Managing Director|MD]])
*Seshagiri Rao MVS ([[CFO]])
}}
| num_employees = 55,000<ref>{{cite news |title=Steel firms engage with vaccine makers for bulk supply of doses for employees |url=https://www.livemint.com/news/india/steel-firms-engage-with-vaccine-makers-for-bulk-supply-of-doses-for-employees-11610962004063.html |access-date=25 January 2021 |work=LiveMint}}</ref>
| industry = [[Conglomerate (company)|Conglomerate]]
| products = {{hlist
| [[Steel]]
| [[cement]]
| [[energy]]
| [[infrastructure]]
| [[sports]]}}
| revenue = $12 billion<ref>[http://www.jsw.in/groups/about-groups JSW - About Groups]</ref>
| parent = OP Jindal Group
| subsid = {{Plainlist|
*[[JSW Steel Ltd]]
*[[JSW Energy|JSW Energy Ltd]]
*[[JSW Cement|JSW Cement Ltd]]
*[[JSW Ispat Steel]]
*JSW Holdings Ltd
*JSW Infrastructure & Logistics Ltd
*Vijaynagar Minerals Pvt. Ltd
*Jindal Praxair Oxygen Co. Ltd
*JSoft Solutions Ltd
*JSW Building Systems Ltd
*CIC Energy Corp
*JSW Sports
}}
| net_income =
| website = {{url|www.jsw.in}}
}}

'''JSW Group''' is an [[Multinational corporation|Indian multinational]] [[Conglomerate (company)|conglomerate]] based in [[Mumbai]]. It is led by [[Sajjan Jindal]] and part of the OP Jindal Group.<ref>{{cite web|url=http://getahead.rediff.com/money/2006/jul/06mc3.htm |title=Won't give away control of JSW Steel: Sajjan Jindal: Rediff.com Business |publisher=Getahead.rediff.com |date=2006-07-06 |access-date=2010-09-24}}</ref>
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.<ref>{{cite web|url=http://www.rediff.com/money/2009/jan/14satyam-jsw-group-not-to-cancel-maytas-deal.htm |title=JSW Group not to cancel Rs 100 cr Maytas deal |publisher=Rediff.com |date=2004-12-31 |access-date=2010-12-23}}</ref>

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.<ref>[http://www.jsw.in/groups/contact-us JSW: About Us]</ref>

==Subsidiaries==
JSW Steel is a private sector steel producer. 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.<ref>{{Cite web|title = About JSW Steel|url = http://www.jsw.in/steel|website = www.jsw.in|access-date = 2015-12-24}}</ref>

JSW Energy has a power generation capacity of 4531 megawatts.<ref>{{Cite web|title = JSW Group - JSW Energy - Homepage|url = http://www.jsw.in/energy|website = www.jsw.in|access-date = 2015-12-24}}</ref>

A subsidiary, JSW Infrastructure Limited, is based in [[Mumbai]].<ref name="dnaindia1">{{cite web|url=http://www.dnaindia.com/money/report_jsw-in-five-fold-ramp-up-at-jaigarh_1286467 |title=JSW in five-fold ramp-up at Jaigarh - Money - DNA |publisher=Dnaindia.com |date=2009-08-31 |access-date=2010-09-24}}</ref> Its primary business interests are in the development of infrastructure for ports, roads, and rail connectivity.<ref name="dnaindia1"/><ref>{{cite web |url=http://www.jsw.in/companies/company_infrastructure.shtml |title=JSW Companies | JSW Infrastructure Ltd |publisher=Jsw.in |access-date=2010-09-24 |archive-url=https://web.archive.org/web/20100927145026/http://jsw.in/companies/company_infrastructure.shtml# |archive-date=27 September 2010 |url-status=dead |df=dmy-all }}</ref>

In April 2019, JSW Group announced their venture into consumer goods industry with JSW Living as their consumer brand entity.<ref>{{Cite news|url=https://www.business-standard.com/article/companies/sajjan-jindal-promoted-jsw-group-announces-entry-into-steel-furniture-biz-119040401121_1.html|title=Sajjan Jindal-promoted JSW Group announces entry into steel furniture biz|last=Pillay|first=Amritha|date=2019-04-04|work=Business Standard India|access-date=2019-04-05}}</ref>

The JSW Group announced the establishment of JSW Paints on 2 May 2019. The venture was set up with a total investment of {{INRConvert|600|c}}, with {{INR}}250 of equity investment and a ₹350 crore debt investment from Axis Bank.<ref>{{cite web |last1=Gaur |first1=Vatsala |title=JSW Paints aims at Rs 2,000 crore revenue over three years |url=https://economictimes.indiatimes.com/industry/cons-products/paints/jsw-paints-aims-at-rs-2000-crore-revenue-over-three-years/articleshow/69148649.cms |website=The Economic Times |access-date=3 May 2019 |date=2 May 2019}}</ref><ref>{{cite web |last1=Thomas |first1=Tanya |title=JSW enters paints business with ₹600 crore investment |url=https://www.livemint.com/companies/news/jsw-enters-paints-business-with-rs-600-crore-investment-1556794671590.html |website=Mint |access-date=3 May 2019 |language=en |date=2 May 2019}}</ref>

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]].<ref>{{cite web |title=Sajjan Jindal's Heavy Lifting |url=https://www.businesstoday.in/magazine/network/sajjan-jindal-heavy-lifting/story/412046.html |website=www.businesstoday.in |access-date=25 January 2021}}</ref>

==References==
{{Reflist}}

{{JSW Group}}

==External links==
*{{url|www.jsw.in|Official site}}

{{Authority control}}

[[Category:JSW Group| ]]
[[Category:Companies based in Mumbai]]
[[Category:Conglomerate companies established in 1982]]
[[Category:1982 establishments in Maharashtra]]
[[Category:Indian companies established in 1982]]

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JSW Group