JSW Group, valued at US$ 23 billion, is a significant player in India’s industrial landscape with diversified interests including steel, energy, infrastructure, cement, paints, venture capital, and sports. It has a widespread presence, employing nearly 40,000 people across India, USA, Europe, and Africa, and is known for executing large capital-intensive & technically complex projects, having a differentiated product mix, and state-of-the-art manufacturing facilities. The group is committed to sustainable growth and social development, especially in the communities surrounding its plant and port locations1.
JSW Steel, the flagship business of JSW Group, has grown over the last three decades from a single manufacturing unit to India’s leading integrated steel company with a capacity of 28.5 MTPA in India and the USA (including capacities under joint control). By FY25, the next phase of growth aims to take its total capacity to 38.5 MTPA. The manufacturing unit in Vijayanagar, Karnataka is the largest single-location steel-producing facility in India with a capacity of 12 MTPA. They have a strategic collaboration with global leader JFE Steel of Japan, which facilitates access to new and state-of-the-art technologies for producing and offering high-value special steel products extensively used across various industries and applications such as construction, infrastructure, automobile, electrical applications, and appliances. JSW Steel has received various recognitions for its business and sustainability practices, including being certified by Great Places To Work in 2021, and being recognized by the World Steel Association’s Steel Sustainability Champion consecutively from 2019 to 20222.
JSW Steel Limited is known as an Indian multinational steel producer based in Mumbai and is regarded as India’s second-largest private sector steel company following mergers with Bhushan Power & Steel, Ispat Steel, and Jindal Vijayanagar Steel Limited3. Furthermore, JSW Steel has significant production capacities; for instance, the Tarapur Works has a capacity of 0.76 MTPA for GI/GL and is India’s largest exporter of coated products to various regions including Europe, Africa, North and South Americas, and the Middle East4. Over the last two years, JSW Steel added 6.2MT capacity in India, taking the total to 27.7MT, and is the only Indian Steel company ranked amongst the top 10 steel producers globally by “World Steel Dynamics” for the last 10 consecutive years56.
This comprehensive involvement in the steel industry showcases JSW Group’s substantial contribution to India’s steel production and global steel trade, establishing it as a crucial player in the metals and mining sector.