JSW Group

The JSW Group was founded in 1982 when Jindal acquired a re-rolling mill located in Tarapur, Maharashtra, near Mumbai, from Piramal Steel.{{Cite book |last1=Singh |first1=Pritam |url=https://books.google.com/books?id=NTH4fUKIHMYC&dq=About+JSW+Group&pg=PA185 |title=In Search of Change Maestros |last2=Bhandarker |first2=Asha |date=2011-02-14 |publisher=SAGE Publications |isbn=978-81-321-0586-2 |language=en}} Following the acquisition, the group renamed it Jindal Iron and Steel Company (JISCO). Subsequently, in the same year, the group established its first steel plant in Vasind, near Mumbai.{{Cite journal |last1=Parikh |first1=Hiral |last2=Desai |first2=Devesh |date=2022 |title=A STUDY ON MAJOR STEEL COMPANIES OF INDIA. |url=https://hrdc.gujaratuniversity.ac.in/Publication/article?id=4845 |journal=Towards Excellence |language=en |volume=14 |issue=Special Issue 1 |issn=0974-035X}}

Jindal Vijayanagar Steel Limited (JVSL) was established in 1994. Situated at Toranagallu in the Bellary–Hospet region of Karnataka, this plant strategically positioned itself in the heart of the high–grade iron ore belt, sprawling across 3,700 acres of land.{{Cite web |title=JSW Steel: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of JSW Steel – NDTV |url=https://www.ndtv.com/business |access-date=2023-10-16 |website=ndtv.com |language=en}} In 2004, JSW made a strategic move by acquiring Salem Steel Works, adding to its portfolio. The year 2005 witnessed a pivotal moment in group's history when JISCO and JVSL merged to create JSW Steel.{{Cite web |title=History of JSW Group |url=https://www.steelonthenet.com/kb/history-jsw.html |access-date=2023-10-16 |website=steelonthenet.com}}

In 1994, JSW Energy Limited was established as power company, focusing on power generation, transmission and trading.{{Cite web |title=JSW Energy > Company History > Power – Generation & Distribution > Company History of JSW Energy – BSE: 533148, NSE: JSWENERGY |url=https://www.moneycontrol.com/company-facts/jswenergy/history/JE01 |access-date=2023-10-16 |website=moneycontrol.com |language=en}}

In 1999, JSW Infrastructure was founded to construct and operate airports, shipyards, townships, roads and rail connectivity, inland waterways, water treatment plants, special economic zones and other infrastructural facilities.{{Cite news |last=Pillay |first=Amritha |date=29 September 2023 |title=JSW Group makes another attempt to scale-up cement, port business |work=Business Standard |url=https://www.business-standard.com/companies/news/jsw-group-makes-another-attempt-to-scale-up-cement-port-business-123092701147_1.html |access-date=16 October 2023}}

In 2008, JSW Group ventured into a rebar joint venture in Georgia.{{Cite news |date=2007-12-28 |title=JSW Steel to set up Rs 165 cr JV in Georgia |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-steel-to-set-up-rs-165-cr-jv-in-georgia/articleshow/2659159.cms?from=mdr |access-date=2023-10-16 |issn=0013-0389}} The acquisition of an integrated steel plant at Dolvi, Maharashtra, in 2010 added to their steel production portfolio. And, the acquisition of Welspun Maxsteel in 2014 marked as a diversification in the group's history.{{Cite web |last=Hotta |first=Fumitaka |title=India's JSW Steel now making high-quality auto-use steel sheet |url=https://asia.nikkei.com/Business/India-s-JSW-Steel-now-making-high-quality-auto-use-steel-sheet |access-date=2023-10-16 |website=Nikkei Asia |language=en-GB}}

In 2009, JSW Group entered the cement business by establishing JSW Cement and established production facilities in various locations including Vijaynagar, Nandyal (Andhra Pradesh), Dolvi, Jaipur, Shiva (Odhisha), Salboni (West Bengal), and Fujairah (United Arab Emirates).{{Cite book |last1=Ghosh |first1=Sadhan Kumar |url=https://books.google.com/books?id=6jJPEAAAQBAJ&dq=jsw+group&pg=PA349 |title=Sustainable Management of Wastes Through Co-processing |last2=Parlikar |first2=Ulhas V. |last3=Karstensen |first3=Kåre Helge |date=2021-11-16 |publisher=Springer Nature |isbn=978-981-16-6073-3 |language=en}}

In 2018, JSW Group purchased Italy's Aferpi.{{Cite news |last=Gaur |first=Vatsala |date=2018-05-18 |title=JSW buys Italy's Aferpi |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-steel-signs-pact-to-buy-aferpi-for-rs-600-crore-from-algerias-cevital/articleshow/64221394.cms?from=mdr |access-date=2023-10-16 |issn=0013-0389}} Also, investments were made in a greenfield Texas plant and the takeover of bankrupt Bhushan Power. In 2020, JSW's purchase of Bhushan Power faced legal challenges, but the group pressed on, acquiring stakes and expanding its presence.{{Cite web |last=John |first=Nevin |date=2020-02-21 |title=JSW to become India's largest steelmaker with Bhushan Power takeover |url=https://www.businesstoday.in/industry/infra/story/jsw-to-become-india-largest-steelmaker-with-bhushan-power-takeover-250546-2020-02-21 |access-date=2023-10-16 |website=Business Today |language=en}}

On 2 May 2019, JSW Group established JSW Paints with a total investment of {{INRConvert|600|c}}, with {{INR}}250 crore of equity investment and a ₹350 crore debt investment from Axis Bank.{{cite news |last1=Gaur |first1=Vatsala |date=2 May 2019 |title=JSW Paints aims at Rs 2,000 crore revenue over three years |website=The Economic Times |url=https://economictimes.indiatimes.com/industry/cons-products/paints/jsw-paints-aims-at-rs-2000-crore-revenue-over-three-years/articleshow/69148649.cms |access-date=3 May 2019}}{{cite web |last1=Thomas |first1=Tanya |date=2 May 2019 |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 |access-date=3 May 2019 |website=Mint |language=en}}

In 2021, JSW Steel Italy acquired a stake in GSI Lucchini and set a CO2 reduction target for 2030.{{Cite web |date=2021-04-14 |title=JSW Steel Italy acquires 31% in GSI Lucchini |url=https://www.thehindubusinessline.com/companies/jsw-steel-italy-acquires-31-in-gsi-lucchini/article34317408.ece |access-date=2023-10-16 |website=BusinessLine |language=en}} In 2022, they planned the merger of JISPL and CSSL subsidiaries and secured approval for a greenfield steel plant in Andhra Pradesh.{{Cite web |date=2023-02-15 |title=Construction work on ₹8,800-cr JSW steel plant begins in Andhra Pradesh |url=https://www.thehindubusinessline.com/companies/construction-work-on-8800-cr-jsw-steel-plant-begins-in-ap/article66513255.ece |access-date=2023-10-16 |website=BusinessLine |language=en}} In 2013, the group entered into a collaboration with Japan's JFE Holdings in the electrical steel sector.{{Cite web |date=2023-08-02 |title=JSW Steel, Japan's JFE to set up JV for manufacturing of CRGO electrical steel |url=https://www.cnbctv18.com/business/companies/jsw-steel-japans-jfe-to-set-up-jv-for-manufacturing-of-crgo-electrical-steel-17417571.htm |access-date=2023-10-16 |website=cnbctv18.com |language=en}} In December 2023, JSW Infrastructure announced plans to acquire a majority stake in PNP Port for ₹270 crore.{{Cite news |date=2023-12-05 |title=JSW Infrastructure to buy majority stake in PNP Port for ₹270 crore |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/jsw-infrastructure-to-buy-majority-stake-in-pnp-port-for-270-crore/articleshow/105735695.cms |access-date=2023-12-08 |issn=0013-0389}}

In April 2024, JSW Steel raised a $900 million syndicated loan from a consortium of eight foreign banks (Singapore's DBS Bank, France's BNP Paribas, UK's HSBC and Standard Chartered, UAE's Mashreq Bank and First Abu Dhabi Bank, Japan's Sumitomo Mitsui Banking Corp (SMBC) and Taiwan's CTBC Bank) to refinance debt facilities and repay expensive loans ahead of schedule.{{cite web |date=April 19, 2024 |title=JSW Steel raises $900-million loan from eight foreign ban |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-steel-raises-900-million-loan-from-eight-foreign-banks/articleshow/109412305.cms |website=The Economic Times}}

In December 2024, JSW Group entered the non-ferrous metals sector by adding copper to its metal portfolio through the acquisition of two Jharkhand copper mines from Hindustan Copper.{{Cite news |last=Sachdev |first=Alisha |date=2024-12-27 |title=JSW secures Hindustan Copper mines in move into non-ferrous metals |url=https://www.livemint.com/companies/jsw-hindustan-copper-mines-jharkhand-non-ferrous-metals-hindalco-industries-electric-vehicles-jayant-acharya-11735209004326.html |archive-url=http://web.archive.org/web/20241228024427/https://www.livemint.com/companies/jsw-hindustan-copper-mines-jharkhand-non-ferrous-metals-hindalco-industries-electric-vehicles-jayant-acharya-11735209004326.html |archive-date=2024-12-28 |access-date=2024-12-29 |work=mint |language=en}}{{Cite web |last= |first= |date=2025-01-27 |title=JSW Group bags rights to develop two copper mines |url=https://www.thehindubusinessline.com/markets/commodities/jsw-group-bags-rights-to-develop-two-copper-mines/article69146207.ece |access-date=2025-02-03 |website=BusinessLine |language=en}} As of March 2025, the group plans to build a 500,000 metric ton copper smelter in Odisha by 2028-29, using copper concentrate from Peru and Chile.{{Cite news |last=Arora |first=Neha |date=20 March 2025 |title=India's JSW to set up 0.5 mln T capacity copper smelter, source says |url=https://www.reuters.com/markets/commodities/indias-jsw-set-up-05-mln-t-capacity-copper-smelter-source-says-2025-03-20/ |archive-url=http://web.archive.org/web/20250322212242/https://www.reuters.com/markets/commodities/indias-jsw-set-up-05-mln-t-capacity-copper-smelter-source-says-2025-03-20/ |archive-date=2025-03-22 |access-date=2025-03-31 |work=Reuters |language=en-US}}

The group witnessed growth, expanding from a company worth {{INRConvert|93|c}} in 1993 to {{INRConvert|12700|c}} crore in 2008, and further expanding to become a company valued at {{INRConvert|180000|c}} by 2023.{{Cite web |title=Meet Sajjan Jindal, son of India's second richest woman, MD of Rs 180000 crore company, their net worth is... |url=https://www.dnaindia.com/india/report-meet-sajjan-jindal-rs-180000-crore-group-s-md-whose-new-firm-hit-rs-2750-crore-valuation-savitri-jindal-3035710 |access-date=2023-06-12 |website=DNA India |language=en}}{{Cite web |last=Anand |first=Saurav |date=2023-07-06 |title=JSW Steel crude steel production rises 11% to 6.43 million tonne in Q1 |url=https://www.livemint.com/news/india/jsw-steel-reports-11-yoy-growth-in-q1-steel-production-but-qoq-production-falls-2-net-profit-rises-12-11688631520918.html |access-date=2023-07-09 |website=mint |language=en}}

During 2023, the JSW Group increased its recruitment of female engineers through the Graduate Engineering Trainee (GET) program, nearly tripling the number compared to the previous year. The group has brought onboard over 2,300 young GETs, with nearly 600 of them being women, and has established a goal to reach a 30% representation of women in the program over the next two years.{{Cite news |last=Bhattacharyya |first=Rica |date=2023-08-14 |title=Manufacturing majors look to hire more women engineers |work=The Economic Times |url=https://economictimes.indiatimes.com/jobs/hr-policies-trends/manufacturing-majors-look-to-hire-more-women-engineers/articleshow/102702554.cms?from=mdr |access-date=2023-08-19 |issn=0013-0389}}

• JSW Steel – JSW Steel has one of the world's largest single blast furnaces with a capacity of 4.8 MTPA.{{cite book |doi=10.1515/9783110727968 |page=149 |title=De Gruyter Handbook of Business Families |date=2023 |isbn=978-3-11-072796-8 |editor-last1=Carney |editor-last2=Dieleman |editor-first1=Michael |editor-first2=Marleen }} JSW's overall installed capacity is 35.7 MTPA.{{Cite web |date=2024-10-11 |title=JSW, Posco to build new steel plant in India |url=https://www.fortuneindia.com/enterprise/jsw-posco-to-build-new-steel-plant-in-india/118949 |access-date=2024-11-09 |website=www.fortuneindia.com |language=en}}{{Cite web |last= |first= |date=2024-11-05 |title=JSW Steel output down 1 pc on shutdown of blast furnace in Dolvi |url=https://www.thehindubusinessline.com/companies/jsw-steel-output-down-1-pc-on-shutdown-of-blast-furnace-in-dolvi/article68832122.ece |access-date=2025-01-20 |website=BusinessLine |language=en}}
• JSW Energy – JSW Energy has a power generation capacity of 6564 megawatts (MW),{{Cite web |last=Kurup |first=Rajesh |date=2023-03-30 |title=JSW Energy completes acquisition of Mytrah Energy's RE portfolio |url=https://www.financialexpress.com/industry/jsw-energy-completes-acquisition-of-mytrah-energys-re-portfolio/3026407/ |access-date=2023-07-09 |website=Financialexpress |language=en}} out of which 3158 MW is thermal power, 1391 MW is hydropower, 1.75MW pumped storage plant and 10 MW solar power.{{Cite web |last=Baruah |first=Rituraj |date=2022-04-07 |title=JSW Energy starts operations at 225 MW Vijayanagar solar project |url=https://www.livemint.com/companies/news/jsw-energy-starts-operations-at-225-mw-vijayanagar-solar-project-11649327080114.html |access-date=2023-01-31 |website=mint |language=en}} It plans to significantly increase its capacity from 7.3GW to 20GW by March 2030 by solar and wind-based power projects.{{Cite web |last=John |first=Nevin |date=2023-04-07 |title=JSW Group: Life Beyond Steel |url=https://www.fortuneindia.com/long-reads/jsw-group-life-beyond-steel/112193 |access-date=2023-05-20 |website=www.fortuneindia.com |language=en}}{{Cite web |last=Kamath |first=Raghavendra |date=2024-05-27 |title=JSW Energy looks at acquisitions in green energy |url=https://www.financialexpress.com/business/industry-jsw-energy-looks-at-acquisitions-in-green-energy-3502190/ |access-date=2024-06-24 |website=Financialexpress |language=en}}
• JSW Infrastructure – Based in Mumbai,{{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}} its primary business interests are in the development of infrastructure for ports, roads, and rail connectivity.{{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 }} JSW Dharamtar Port and JSW Jaigad Port both ports are operated by JSW Infrastructure. The company has a cargo handling capacity of 153MT. In FY22, the company recorded a profit of ₹318 crore from a revenue of ₹2,273 crore. On 3 October 2023, JSW Infrastructure debuted at a premium of 20.2% on Indian stock market via IPO.{{Cite news |last=Sreedhar |first=Vidya |date=2023-10-03 |title=JSW Infrastructure shares debut at 20% premium over IPO price |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/stocks/news/jsw-infrastructure-shares-debut-at-20-premium-over-ipo-price/articleshow/104120059.cms?from=mdr |access-date=2023-11-22 |issn=0013-0389}} JSW Infrastructure is upgrading the Salav Port.{{cite web|url=https://www.bseindia.com/corporates/download/372774/DRHP_%20JSW%20Infrastructure%20Limited%20_09-05-2023_20230510205626.pdf|title=Draft Red Herring Prospectus, JSW Infracture Limited - U45200MH2006PLC161268|date=9 May 2023|archive-url=https://web.archive.org/web/20240106060112/https://www.bseindia.com/corporates/download/372774/DRHP_%20JSW%20Infrastructure%20Limited%20_09-05-2023_20230510205626.pdf|archive-date=6 January 2024|url-status=live}} JSW Infrastructure is building two greenfield ports at Nangaon and Keni.{{Cite news |last= |first= |date=2023-02-17 |title=Karnataka Budget 2023-24: Greenfield ports at Keni and Pavinakurve in Uttara Kannada district under PPP, marina at Byndoor beach |url=https://www.thehindu.com/news/cities/Mangalore/karnataka-budget-2023-24-greenfield-ports-keni-pavinakurve-uttara-kannada-district-under-ppp-marina-at-byndoor-beach/article66520152.ece |access-date=2023-11-22 |work=The Hindu |language=en-IN |issn=0971-751X}} As of February 2024, the company operates 10 ports and terminals in India and one terminal in the UAE, with a total operational capacity of 170 million tonnes per year.{{Cite web |last=Krishnan |first=Janaki |date=2024-02-27 |title=JSW Infrastructure looking to make entry in Gujarat with greenfield port |url=https://www.thehindubusinessline.com/companies/jsw-infrastructure-looking-to-make-entry-in-gujarat-with-greenfield-port/article67892362.ece |access-date=2024-03-01 |website=The Hindu Businessline |language=en}} According to the recent statutory filings, the promoter firm Sajjan Jindal Family Trust sold equity shares of the company worth ₹1200 crores to comply with SEBI’s minimum public shareholding norms.{{Cite news |last=Singh |first=Rimjhim |date=16 May 2025 |title=Jindal Family Trust to sell ₹1,200 cr JSW Infra stake to meet Sebi norms |url=https://www.business-standard.com/companies/news/jindal-family-trust-to-sell-rs-1200-cr-jsw-infra-stake-to-meet-sebi-norms-125051600355_1.html |access-date=16 May 2025 |work=Business Standard}}
• JSW Holdings – JSW Holdings is a Non-Banking Financial Company (NBFC) that forms the investment arm of the JSW Group. The company makes strategic investments in new ventures promoted by the JSW Group.{{Cite web |title=JSW Holdings: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of JSW Holdings - NDTV |url=https://www.ndtv.com/business |access-date=2023-11-22 |website=www.ndtv.com |language=en}}

• JSW Cement – Currently, it has a capacity of 20.6 MTPA.{{Cite news |last= |first= |date=2024-10-01 |title=JSW Cement adds 2 mtpa, takes total capacity to 20.6 mtpa |url=https://www.thehindu.com/business/jsw-cement-adds-2-mtpa-takes-total-capacity-to-206-mtpa/article68706479.ece |access-date=2024-11-09 |work=The Hindu |language=en-IN |issn=0971-751X}}{{Cite web |date=2024-08-16 |title=JSW Cement may soon file papers for Rs 4,000-crore IPO |url=https://www.financialexpress.com/market/ipo-news-jsw-cement-may-soon-file-papers-for-rs-4000-crore-ipo-3584910/ |access-date=2025-01-17 |website=Financialexpress |language=en}} The company is currently engaged in initiatives to develop zero clinker cement, a type of cement that eliminates the need for limestone mining. Instead, it will utilize fly ash and ground-granulated blast-furnace slag, combined with a chemical additive, to produce concrete.
• JSW Defence and Aerospace – The company was established in 2024 by acquiring a 51% stake in Gecko Motors Private Ltd., which specializes in extreme off-road vehicles. Following the acquisition, Gecko Motors has been rebranded as JSW Gecko Motors.{{Cite news |last= |first= |date=2024-01-25 |title=JSW Group forays into defence sector with acquisition of majority stake in extreme off-road vehicle firm Gecko Motors |url=https://www.thehindu.com/business/jsw-group-forays-into-defence-sector-with-acquisition-of-majority-stake-in-extreme-off-road-vehicle-firm-gecko-motors/article67776770.ece |access-date=2024-01-26 |work=The Hindu |language=en-IN |issn=0971-751X}}{{Cite web |last=Yadav |first=Krishna |date=2024-01-25 |title=JSW Group enters defence manufacturing |url=https://www.livemint.com/companies/news/jsw-group-enters-defence-manufacturing-11706188330032.html |access-date=2024-01-26 |website=mint |language=en}} The company was awarded a {{INRConvert|250|c|lk=on|year=2023|}} defence ministry contract to produce 96 Specialist Mobility Vehicle (SMV) N1200 ATOR in June 2023 after trials in July 2021. These manufacturing of the vehicles commenced in January 2024 in Chandigarh, and delivery concluded by June 2024.{{Cite web |last=Bajwa |first=Harpreet |date=2024-08-20 |title=Army gets all-terrain terrain four wheel drive vehicles N1200 ATOR |url=https://www.newindianexpress.com/nation/2024/Aug/20/army-gets-all-terrain-terrain-four-wheel-drive-vehicles-n1200-ator |access-date=2024-11-28 |website=The New Indian Express |language=en}}{{Cite web |last=Kurup |first=Rajesh |date=2024-01-26 |title=JSW Group announces entry into defence sector; to focus on domestic, overseas markets |url=https://www.financialexpress.com/business/defence-jsw-group-announces-entry-into-defence-sector-to-focus-on-domestic-overseas-markets-3375530/ |access-date=2024-01-26 |website=Financialexpress |language=en}} The vehicle, an Indianised variant of SHERP N1200, has an in-service designation was JSW Kapidhwaj. The vehicle participated in Delhi Republic Day parade 2025.{{Cite web |last= |first= |date=2025-01-27 |title=JSW Kapidhwaj showcases prowess at the Republic Day 2025 parade. Here's what it gets |url=https://auto.hindustantimes.com/auto/news/jsw-kapidhwaj-featured-during-the-republic-day-2025-parade-here-s-what-the-specialised-mobility-vehicle-is-capable-of-41737956123173.html |access-date=2025-04-17 |website=HT Auto |language=en}} In November 2024, Shield AI partnered with JSW Defense to manufacture the V-BAT drones in India. JSW shall be investing $90 million over the next 2 years of which $65 million will be invested within 12 months to establish a "global compliance programme", manufacturing facility, technology licensing and train parsonnel.{{Cite web |last=Levina |date=2024-11-26 |title=Deployed to Israel America's MQ-35A V-BAT Unmanned Aerial Systems Will Now Be Manufactured in India - RESONANT NEWS |url=https://resonantnews.com/2024/11/26/deployed-to-israel-americas-mq-35a-v-bat-unmanned-aerial-systems-will-now-be-manufactured-in-india/?amp=1 |access-date=2024-11-27 |website=RESONANT NEWS |language=en-US}}{{Cite web |last=Clark |first=Colin |date=2024-11-27 |title=US drone maker Shield AI moves into Indian defense market, joint venture with JSW Group |url=https://breakingdefense.com/2024/11/us-drone-maker-shield-ai-moves-into-indian-defense-market-joint-venture-with-jsw-group/ |access-date=2024-11-28 |website=Breaking Defense |language=en-US}}
• JSW Paints – There are two manufacturing facilities under its operation, with one dedicated to industrial coatings located in Vasind (Maharashtra), and the other focused on decorative coatings situated in Vijayanagar. The combined capacity of these two plants is 170,000 kilolitres.{{Cite web |last=Kurup |first=Rajesh |date=2024-05-24 |title=JSW Paints earmarks Rs 900-crore capex for next two years |url=https://www.financialexpress.com/business/industry-jsw-paints-earmarks-rs-900-crore-capex-for-next-two-years-3499414/ |access-date=2025-01-17 |website=Financialexpress |language=en}}
• JSW Port Logistics - A wholly owned subsidiary of JSW Infrastructure, dealing with warehousing, and container freight stations.{{Cite web |date=2024-06-22 |title=JSW Infrastructure gains on incorporating wholly owned subsidiary - India Shipping News |url=https://indiashippingnews.com/jsw-infrastructure-gains-on-incorporating-wholly-owned-subsidiary/ |access-date=2024-06-24 |language=en-US}}
• JSW Ventures – JSW Ventures is the venture capital arm of JSW Group which invests in early-stage Indian startups.{{cite news |title=JSW Ventures set to mark first close of new VC fund |url=https://www.vccircle.com/jsw-ventures-set-to-mark-first-close-of-new-vc-fund |access-date=13 December 2022 |work=VCCircle}}
• JSW Realty – It is the real-estate arm of the group, focusing on sustainable residential and commercial projects.{{Citation needed|date=January 2025}}
• JSW Sports – Through JSW Sports, the group also owns the Indian Premier League cricket team Delhi Capitals and the Women's Premier League team Delhi Capitals Women (in partnership with GMR Group), the SA20 cricket team Pretoria Capitals, the Indian Super League football club Bengaluru FC, the Hockey India League team Soorma Hockey Club,{{Cite web |date=2024-10-13 |title=HIL auction: Indian hockey stars Harmanpreet Singh, Hardik Singh, Abhishek breach the Rs 70 lakh mark |url=https://indianexpress.com/article/sports/hockey/hockey-india-league-auction-harmanpreet-singh-hardik-abhishek-70-lakhs-9618216/ |access-date=2024-10-13 |website=The Indian Express |language=en}} and the Pro Kabaddi League team Haryana Steelers.{{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 |date=5 August 2020 |access-date=25 January 2021}}
• JSW One Platforms – Launched in 2021, it comprises two entities: JSW One MSME and JSW One Homes. The former is an online platform for MSMEs, providing an industrial materials such as steel, welding consumables, TMT bars, and cement. On the other hand, the latter is a digital platform that specializes in end-to-end home construction solutions for individual real estate companies and builders.{{Cite web |last=Mishra |first=Mihir |date=2023-04-10 |title=JSW One Platforms to seek NBFC licence |url=https://www.livemint.com/companies/news/jsw-one-platforms-to-apply-for-nbfc-licence-eyes-1bn-gmv-by-2024-11681149569131.html |access-date=2023-05-20 |website=mint |language=en}} In May 2025, the platform raised around $40 million in a funding round led by Principal Asset Management, OneUp, JSW Steel, and other investors, bringing its valuation to $1 billion. Currently, it serves over 500,000 building and manufacturing MSMEs across the country.{{Cite web |date=2025-05-13 |title=JSW One Platforms enters unicorn club with $40 million funding |url=https://www.financialexpress.com/business/start-ups/jsw-one-platforms-enters-unicorn-club-with-40-million-fundingnbsp/3843498/ |access-date=2025-05-16 |website=Financialexpress |language=en}}{{Cite web |last= |first= |date=2025-05-13 |title=JSW One Platforms Joins Unicorn Club with INR 340 Cr Raise to Power MSMEs |url=https://www.entrepreneur.com/en-in/news-and-trends/jsw-one-platforms-joins-unicorn-club-with-inr-340-cr-raise/491515 |access-date=2025-05-16 |website=Entrepreneur |language=en}}
• JSW Neo Energy - In 2021, JSW Energy transferred its renewable energy portfolio to JSW Neo Energy. This included the transfer of 100% equity shares in JSW Renew Energy (Kar), JSW Renewable Energy (Dolvi), and JSW Energy (Kutehr).{{Cite news |last=Baruah |first=Rituraj |date=16 March 2022 |title=JSW Energy completes reorganisation of its renewable and thermal businesses |url=https://www.livemint.com/companies/news/jsw-energy-completes-reorganisation-of-its-renewable-and-thermal-businesses-11647449447838.html |url-status=dead |access-date=14 December 2024 |work=Mint}} In December 2024, the company acquired a 4,696 MW renewable energy platform from O2 Power Pooling Pte, owned by EQT Infrastructure and Temasek, for ₹12,468 crore.{{Cite news |last=Joshi |first=Manish |date=2024-12-30 |title=JSW Energy's O2 Power acquisition tells us buying is better than building assets |url=https://www.livemint.com/market/jsw-energy-q2-power-acquisition-renewable-energy-assets-building-acquisition-jsw-neo-energy-tariff-rate-solar-power-11735464077333.html |access-date=2025-01-17 |work=Mint}} The platform has a ₹3.37/KWh average tariff and a 23-year remaining life, with capacities across seven Indian states.{{Cite web |last= |first= |date=2024-12-27 |title=JSW Neo Energy acquires 4.7 GW RE platform from O2 Power Pooling for ₹12,468 crore |url=https://www.thehindubusinessline.com/companies/jsw-neo-energy-acquires-47-gw-re-platform-from-o2-power-pooling-for-12468-crore/article69033878.ece |access-date=2024-12-29 |website=BusinessLine |language=en}}

• JSW MG Motor India, on 30 November 2023, China's SAIC Motor and the JSW Group formed a strategic joint venture, resulting in the latter gaining a 35% stake in MG Motor India through this partnership.{{Cite web |date=2023-11-30 |title=Sajjan Jindal-led JSW Group to hold 35% stake in MG Motor India |url=https://www.businesstoday.in/latest/corporate/story/sajjan-jindal-led-jsw-group-to-hold-35-stake-in-mg-motor-india-407788-2023-11-30 |access-date=2023-12-01 |website=Business Today |language=en}}{{Cite web |last= |first= |date=2023-11-30 |title=JSW Group picks up 35% stake in SAIC Motors' India venture |url=https://www.thehindubusinessline.com/news/jsw-group-picks-up-35-per-cent-saic-motors-india-venture/article67591756.ece |access-date=2023-12-01 |website=BusinessLine |language=en}} In February 2024, the group inked a MoU with the Government of Odisha for a {{INRConvert|40000|c}} Integrated EV and EV Battery Manufacturing Project in Cuttack and Paradeep.{{Cite news |last=Barik |first=Satyasundar |date=2024-01-23 |title=Sajjan Jindal-led JSW Group to establish massive EV, EV battery manufacturing project in Odisha |url=https://www.thehindu.com/news/national/other-states/sajjan-jindal-led-jsw-group-to-establish-massive-ev-ev-battery-manufacturing-project-in-odisha/article67766028.ece |access-date=2024-03-01 |work=The Hindu |language=en-IN |issn=0971-751X}} The project includes a 50 GWH EV battery plant, EVs, Lithium refinery, Copper smelter, and related component units.{{Cite news |last=Mishra |first=Lalatendu |date=2024-02-10 |title=JSW Group to set up EV manufacturing industrial complex in Odisha with investment of ₹40,000 crore |url=https://www.thehindu.com/business/jsw-group-to-set-up-ev-manufacturing-industrial-complex-in-odisha-with-investment-of-40000-crore/article67832937.ece |access-date=2024-03-01 |work=The Hindu |language=en-IN |issn=0971-751X}} The JV aims to manufacture 1 million electric cars in India by 2030, starting with the domestic market and later expanding to international sales.{{Cite news |last=Mehrotra |first=Karishma |date=2 September 2024 |title=India's growing reliance on China poses challenge for U.S. trade strategy |url=https://www.washingtonpost.com/world/2024/09/02/india-china-manufacturing-supply-chains/ |access-date=29 September 2024 |newspaper=The Washington Post}} In October 2024, JSW Green Mobility, the EV subsidiary of the JV, has been allotted 636 acres in Aurangabad Industrial City by the Government of Maharashtra. The company will use 546 acres for an electric car manufacturing unit and 90 acres for commercial vehicle production.{{Cite news |date=10 October 2024 |title=JSW Green Mobility gets 636 acre land for Maharashtra manufacturing plant |url=https://www.business-standard.com/companies/news/jsw-green-mobility-gets-636-acre-land-for-maharashtra-manufacturing-plant-124101001239_1.html |access-date=13 October 2024 |work=Business Standard}}

• JSW School of Public Policy (JSW-SPP), Indian Institute of Management Ahmedabad{{Cite web |date=2015-07-02 |title=Five years after scrapping policy program, IIMA to launch JSW School of Public Policy |url=https://indianexpress.com/article/india/india-others/five-years-after-scrapping-policy-program-iima-to-launch-jsw-school-of-public-policy/ |access-date=2022-09-26 |website=The Indian Express |language=en}} – The institute was inaugurated in February 2023 with its architectural design led by Rahul Mehrotra.{{Cite web |date=2023-02-21 |title=IIM-Ahmedabad inaugurates JSW School of Public Policy's new building at campus |url=https://indianexpress.com/article/education/iim-ahmedabad-inaugurates-jsw-school-of-public-policys-new-building-at-campus/ |access-date=2023-11-22 |website=The Indian Express |language=en}}{{Cite web |date=2023-02-21 |title=New building of JSW School of Public Policy unveiled at IIMA new campus |url=https://indianexpress.com/article/cities/ahmedabad/new-building-of-jsw-school-of-public-policy-unveiled-at-iima-new-campus-8459093/ |access-date=2023-11-22 |website=The Indian Express |language=en}}
• JSW Technology Hub for Manufacturing of Steel (JSW-TH), Indian Institute of Technology Bombay{{Cite news |date=2022-08-18 |title=IIT Bombay, JSW Group tie up to establish tech hub for steel making |language=en-IN |work=The Hindu |url=https://www.thehindu.com/business/iit-bombay-jsw-group-tie-up-to-establish-tech-hub-for-steel-making/article65784761.ece |access-date=2022-09-26 |issn=0971-751X}} – The technology hub is actively engaged in several research domains. These include decarbonization, green hydrogen, and solid Waste Management.{{Cite web |title=JSW Technology Hub for Manufacturing of Steel (JSW-TH) |url=https://alumni.acr.iitb.ac.in/casestudy/jsw-th/ |access-date=2023-11-22 |website=Indian Institute of Technology Bombay |language=en-US}}
• JSW Centre for the Future of Law, National Law School of India University – In 2024, JSW Group awarded a grant to renovate and expand a core academic block of the university and to establish an interdisciplinary policy research centre.{{Cite news |last= |first= |date=2024-04-12 |title=NLSIU announces grant from JSW Group for research centre, redevelopment and expansion of academic block |url=https://www.thehindu.com/news/national/karnataka/nlsiu-announces-grant-from-jsw-group-for-research-centre-redevelopment-and-expansion-of-academic-block/article68057578.ece |access-date=2024-06-04 |work=The Hindu |language=en-IN |issn=0971-751X}}{{Cite web |date=2024-04-12 |title=NLSIU announces JSW grant for redevelopment of new academic block |url=https://indianexpress.com/article/education/nlsiu-announces-jsw-grant-for-redevelopment-of-new-academic-block-9265826/ |access-date=2024-06-04 |website=The Indian Express |language=en}}
• JSW Center of Excellence for Smart Grid Technologies, M S Ramaiah Institute of Technology – In July 2024, the group signed a Memorandum of Understanding (MoU) with MS Ramaiah Institute of Technology and Sharika Smartec to establish the Center of Excellence for Smart Grid technologies at the MSRIT campus in Bengaluru.{{Cite news |last= |first= |date=2024-07-11 |title=JSW Group signs MoU with MSRIT, Sharika to set up 'Center of Excellence' in Bengaluru |url=https://www.thehindu.com/business/jsw-group-signs-mou-with-msrit-sharika-to-set-up-center-of-excellence-in-bengaluru/article68394006.ece |access-date=2024-07-26 |work=The Hindu |language=en-IN |issn=0971-751X}}

JSW Foundation is the philanthropic arm of JSW Group, set up in 1987.{{Cite book |last=Sinha |first=Baxi C. V. & Ray, Rupamanjari |url=https://books.google.com/books?id=DSDzDwAAQBAJ&dq=%22JSW+Foundation%22&pg=PA97 |title=Corporate Social Responsibility |date=2012 |publisher=Vikas Publishing House |isbn=978-93-259-5764-0 |language=en}} The foundation works in the field of education, skill building training, healthcare and social development domains. Besides that, the Foundation is actively involved in restoration projects, including the preservation and restoration of significant archaeological ruins like Hampi{{Cite book |last=Zielinski |first=Priyanka Gupta |url=https://books.google.com/books?id=uD8rEAAAQBAJ&dq=%22JSW+Foundation%22&pg=PT33 |title=The Ultimate Family Business Survival Guide |date=2021-04-26 |publisher=Pan Macmillan |isbn=978-93-90742-01-1 |language=en}} (and setting up Hampi Art Labs),{{Cite web |last=Verma |first=Anchal |date=2024-02-01 |title=JSW Foundation's Hampi Art Labs to open on February 5 |url=https://www.thehindubusinessline.com/news/jsw-foundations-hampi-art-labs-to-open-on-february-5/article67799878.ece |access-date=2024-03-24 |website=Hindu Business Line |language=en}}{{Cite web |last=Jaggi |first=Maya |title=Hampi Art Labs — forged from a blend of heritage and steel |url=https://www.ft.com/content/c1ea18fe-e92c-4553-b377-5c3d44c53661 |access-date=2024-03-24 |website=Financial Times|date=12 March 2024 }} Mughal Gardens of Kashmir (Shalimar Bagh and Nishat Bagh),{{Cite news |last=Aashiq |first=Peerzada |date=2021-07-28 |title=JSW Foundation to restore famous Mughal gardens in Kashmir |language=en-IN |work=The Hindu |url=https://www.thehindu.com/news/national/jsw-foundation-to-restore-famous-mughal-gardens-in-kashmir/article35597182.ece |access-date=2023-06-12 |issn=0971-751X}} Keneseth Eliyahoo Synagogue,{{Cite web |date=2019-02-08 |title=Mumbai's 'Blue Synagogue' restored, but it's not blue anymore |url=https://indianexpress.com/photos/india-news/mumbais-blue-synagogue-restored-photos-but-its-not-blue-anymore-5571748/ |access-date=2023-06-12 |website=The Indian Express |language=en}}{{Cite web |title=Little-known facts about Mumbai's newly restored Keneseth Eliyahoo synagogue - Elle India |date=21 February 2019 |url=https://elle.in/article/keneseth-eliyahoo-synagogue-mumbai/ |access-date=2023-06-12 |language=en-US}} Maragondanahalli Lake in Bangalore,{{Cite web |last=Nandakumar |first=Prathima |title=This was how Bengaluru's Maragondanahalli lake was ecologically restored |url=https://www.theweek.in/news/india/2023/02/28/this-is-how-bengalurus-maragondanahalli-lake-was-ecologically-restored.html |access-date=2023-06-12 |website=The Week |language=en}} David Sassoon Library,{{Cite web |date=2023-06-03 |title=David Sassoon Library opens to public after restoration; see pics |url=https://indianexpress.com/article/lifestyle/life-style/david-sassoon-library-opens-public-restoration-pics-inside-8643703/ |access-date=2023-07-09 |website=The Indian Express |language=en}}{{Cite web |last=Mrityunjay |first=Bose |date=2023-06-02 |title=David Sassoon Library in Mumbai restored |url=https://www.deccanherald.com/national/west/david-sassoon-library-in-mumbai-restored-1224275.html |access-date=2023-07-09 |website=Deccan Herald |language=en}} Shiv Khori,{{Cite web |last=PTI |date=2023-03-29 |title=MoU signed for development of facilities at Shiv Khori in J-K's Reasi |url=https://theprint.in/india/mou-signed-for-development-of-facilities-at-shiv-khori-in-j-ks-reasi/1482321/ |access-date=2023-11-22 |website=ThePrint |language=en-US}} Gulmarg Ski Resort{{Cite web |title=JSW Group, J&K Govt to develop ski resort Gulmarg as world-class destination |url=https://www.tribuneindia.com/news/j-k/jsw-group-jk-govt-to-develop-ski-resort-gulmarg-as-world-class-destination/ |access-date=2025-02-03 |website=The Tribune |language=en}} etc.

In May 2020, right at the outset of the COVID-19 pandemic in India, JSW Group pledged more than ₹100 crore to aid the relief initiatives led by PM CARES Fund and other State governments in their battle against the COVID-19 crisis.{{Cite web |date=2020-03-29 |title=JSW Group commits ₹100 cr to fight Covid-19 |url=https://www.thehindubusinessline.com/companies/jsw-group-commits-100-cr-to-fight-covid-19/article31197306.ece |access-date=2023-09-28 |website=BusinessLine |language=en}}{{Cite book |last1=Commander |first1=Simon |url=https://books.google.com/books?id=a1KXEAAAQBAJ&dq=JSW+Group&pg=PA57 |title=The Connections World: The Future of Asian Capitalism |last2=Estrin |first2=Saul |date=2022-10-27 |publisher=Cambridge University Press |isbn=978-1-009-18828-9 |language=en}}

During the second wave of COVID-19 pandemic in Karnataka in 2021, JSW Group established a temporary 1,000-bed COVID-19 hospital in Ballari, located near its township.{{Cite news |last=Dilipkumar |first=Bhavya |date=2021-05-19 |title=JSW Group opens a 1000-bed Covid Care Medical Facility in Ballari, Karnataka |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-group-opens-a-1000-bed-covid-care-medical-facility-in-ballari-karnataka/articleshow/82771363.cms |access-date=2023-09-28 |issn=0013-0389}} Also, the company installed a dedicated 5 km-long oxygen supply pipeline from its Vijayanagar steel plant to directly serve patients at the new hospital under construction. In a related effort, the group repurposed its multi-speciality Jindal Sanjeevani Hospital near Dolvi unit in Maharashtra to function as a COVID-19 treatment facility.{{Cite web |date=2021-05-12 |title=JSW Steel to set up 1,000-bed Covid hospital at Bellary |url=https://www.thehindubusinessline.com/news/national/jsw-steel-to-set-up-1000-bed-covid-hospital-at-bellary/article34544421.ece |access-date=2023-09-28 |website=BusinessLine |language=en}}

The JSW Udaan Scholarships supports students from economically weaker sections of India in paying university tuition fees. Eligible candidates from families earning below {{INRConvert|8|l|year=2025}} lakhs annually can receive up to {{INRConvert|50|k|year=2025}}, which is directly deposited into their bank accounts.{{Cite web |last=Solanki |first=Meenu |date=2024-09-25 |title=JSW Udaan Scholarship 2024: Application Form, Eligibility |url=https://www.jagranjosh.com/articles/jsw-udaan-scholarship-1727254234-1 |access-date=2025-03-31 |website=Jagranjosh.com |language=en}}

{{gallery|mode=packed

|File:JSW Steel Dolvi Works.png|JSW Steel Dolvi Works, Maharashtra, India

|File:JSW School of Public Policy (JSW-SPP), Indian Institute of Management, Ahmedabad.png| JSW School of Public Policy (JSW-SPP), Indian Institute of Management, Ahmedabad

|File:Inspire Institute of Sports.jpg|Inspire Institute of Sport

}}

{{Reflist|2}}

• {{URL|www.jsw.in|Official site}}

• {{Cite news |last1=Khalaf |first1=Roula |last2=Harding |first2=Robin |last3=Reed |first3=John |last4=Kay |first4=Chris |date=1 December 2024 |title=Indian steelmaker JSW to launch own EV brand |url=https://www.ft.com/content/a730b0b8-b009-4b19-a83c-fc4f54e68f1f |access-date=14 December 2024 |work=Financial Times}}
• {{Cite news |date=5 November 2024 |title=Growth story needs steel |url=https://www.financialexpress.com/opinion/growth-story-needs-steel/3656496/ |access-date=9 November 2024 |work=The Financial Express (India)}}
• {{Cite news |last=P Iyengar |first=Suresh |date=4 November 2024 |title=After auto, JSW Group eyes JV with Haier for white goods |url=https://www.thehindubusinessline.com/news/jsw-group-eyes-jv-with-haier-for-white-goods-venture/article68829074.ece |access-date=14 December 2024 |work=The Hindu Business Line}}
• {{Cite book |last=Karki |first=Rajnish |url=https://www.google.co.in/books/edition/Competing_with_the_Best/l_b4EAAAQBAJ?hl=en&gbpv=0 |title=Competing with the Best Strategy, Organization Design and the Configuring of a Successful Corporation |date=15 January 2024 |publisher=Penguin Random House India |year=2024 |isbn=9789357086769}}
• {{Cite news |last=Dutta |first=Arnab |date=27 October 2014 |title=How JSW Group is driving MG Motor India's push for local manufacturing and 'Indianisation' |url=https://www.businesstoday.in/magazine/deep-dive/story/how-jsw-group-is-driving-mg-motor-indias-push-for-local-manufacturing-and-indianisation-450647-2024-10-18 |access-date=9 November 2024 |work=Business Today (India)}}
• {{Cite news |date=7 October 2024 |title=JSW Ventures invests $1.8 million in aerial intelligence platform Aereo |url=https://www.thehindu.com/business/jsw-ventures-invests-18-million-in-aereo/article68729641.ece |access-date=13 October 2024 |work=The Hindu}}
• {{Cite news |date=22 January 2024 |title=JSW Group to invest $5 bln in EV projects in eastern India |url=https://www.reuters.com/business/autos-transportation/jsw-group-invest-5-bln-ev-projects-eastern-india-2024-01-22/ |access-date=29 September 2024 |work=Reuters}}
• {{cite thesis |last1=Yanxin |first1=Gu |title=Definition of an action plan to strengthen the SAIC Group brand in its industry context |date=16 April 2024 |hdl=10071/31686 }}
• {{Cite news |date=21 September 2023 |title=India's JSW Steel slows stake buy in Canada firm on diplomatic spat: Report |url=https://www.aljazeera.com/economy/2023/9/21/indias-jsw-steel-slows-stake-buy-in-canada-firm-on-diplomatic-spat-report |access-date=29 September 2024 |work=Al Jazeera}}
• {{cite journal |last1=Pal |first1=Abhimanyu |last2=Kakran |first2=Shubham |last3=Kumar |first3=Ashish |last4=Youssef |first4=Adel Ben |last5=Singh |first5=Upendra Pratap |last6=Sidhu |first6=Arpit |title=Powering squarely into the future: A strategic analysis of hydrogen energy in QUAD nations |journal=International Journal of Hydrogen Energy |date=January 2024 |volume=49 |pages=16–41 |doi=10.1016/j.ijhydene.2023.06.169 |bibcode=2024IJHE...49...16P }}
• {{cite book |doi=10.1007/978-981-99-5060-7 |page=98 |title=Indian Metallurgy |series=Indian Institute of Metals Series |date=2024 |isbn=978-981-99-5059-1 }}
• {{cite book |last1=Parikh |first1=Gautam H. |title=Handbook of Indian Securities |date=2016 |publisher=Bloomsbury Publishing |isbn=978-93-84052-94-2 }}
• {{cite book |last1=O'Brien |first1=Derek |title=Penguin-CNBC TV18 Business YRBK10 |date=2010 |publisher=Penguin Books India |isbn=978-0-14-341419-3 |page=232 }}

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