JSW Infrastructure (JSWIL) on Thursday announced that the company is set to reshape the nation’s ports and logistics sector with its growth strategy. The company aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30, it said in a regulatory filing.
Investments to drive capacity expansion
JSW Infrastructure has announced an estimated capex of Rs 30,000 crore for FY25-30 to achieve 400 million tonnes per annum capacity. Key initiatives include:
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• 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.
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Further, JSW Infra said that its share of third-party cargo increased from 5 per cent in FY19 to 48 per cent in H1FY25. The company aims for an equal mix of group and third-party customers, enhancing operational stability and profitability.
In an effort to combat global warming and climate change, JSW Infra has committed to curtail its direct GHG emissions and achieve net neutrality by 2050.
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.”
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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