JSW Group

With 70 per cent of its best-selling electric vehicle model Windsor coming from non-metros, JSW MG Motor India is stepping up efforts to accelerate sales by leveraging the opportunity through increased awareness, according to a senior company official. The MG Windsor has clocked cumulative sales of about 65,000 units since its launch in October 2024. Of the total sales of the model, four metros -- Delhi, Mumbai, Kolkata, and Chennai accounted for 30 per cent and rest of India contributed to 70 per cent. Commenting on the trend, JSW MG Motor India Chief Commercial Officer, Vinay Raina said EV sales were initially concentrated in metro cities, largely due to limited awareness and the absence of products that truly appealed to the masses. "The introduction of the MG Windsor changed this dynamic and became a key enabler of rapid EV adoption in non-metro cities. It was the right product at the right time -- encouraging customers in these markets to experience a sustainable driving option

India's small steel producers have warned of production halts due to gas shortages, Reuters reported earlier

JSW Steel will develop Minas de RevuboA coking coal mine in Mozambique in phases, a company statement said. Located in the Moatize coal basin of the Tete Province, Minas de RevuboA has 850 million tonne (MT) of reserves, and the potential to yield 250 MT of usable coking coal. JSW Steel said it will develop the mine in phases, with the first phase expected to be developed over the next 2.5 years to produce 2.4 million tonne per annum (MTPA) prime hard coking coal. The project is a step towards JSW Steel's backward integration strategy and is expected to provide long-term supply assurance for one of the most critical and cost-intensive inputs in steel manufacturing. India's domestic premium coking coal resources remain limited, making captive overseas sourcing a strategic imperative. "As we grow to 50 MTPA steel capacity in India by 2030, we hope that this asset will provide strategic and diversified raw material security and cushion JSW Steel against volatile global coking coal ..

Paints and coatings maker Akzo Nobel India, in which JSW Paints has acquired majority shares, has received approval from Ministry of Corporate Affairs (MCA) to change its name to JSW Dulux. The ministry has approved the name change and granted a fresh Certificate of Incorporation with new name JSW Dulux, according to a regulatory filing from the company. "We wish to inform you that MCA has issued a fresh Certificate of Incorporation pursuant to change of name (dated 11th March 2026) thereby approving the change of name of the company from "Akzo Nobel India Ltd" to "JSW Dulux Ltd" effective 11th March 2026," it said. Following this, the Memorandum of Association and Articles of Association of the company stand consequently amended and altered to reflect the new name of the company as "JSW Dulux Ltd", it added. On December 10, 2025, JSW Paints, part of the USD 23 billion JSW Group, acquired 60.76 per cent shareholding in Akzo Nobel pursuant to the share purchase agreement between JSW

The new models include a plug-in hybrid, an electric vehicle, the Majestor SUV and one additional model yet to be disclosed

JSW Motors is investing $3 ​billion in its carmaking venture and plans to make hybrid and electric vehicles in the western state of ‌Maharashtra

JSW Cement Ltd has reported a profit of Rs 130.62 crore for the December quarter of FY26, helped by improvement in EBITDA and gains in sales volume. The company had reported a loss of Rs 80.22 crore for the October-December quarter a year ago, according to a regulatory filing from JSW Cement, part of the USD 23 billion JSW group, on late Wednesday evening. JSW Cement has reported an exceptional item (net loss) of Rs 33.66 crore in the December quarter, mainly due to the implementation of the new Labour Codes. Its profit before exceptional items and tax was at Rs 217.95 crore in the quarter under review. Revenue from operations of the company was up 13.15 per cent to Rs 1,621.22 crore in the December quarter of FY26 on a year to year basis. It was at Rs 1,432.74 crore in the corresponding quarter a year ago. Its revenue increases "primarily driven by volume increase," said JSW Cement in its earnings presentations. Its "Operating EBITDA improved 31.5 per cent YoY to Rs 285.1 crore,

JSW Steel on Friday posted a 6 per cent year-on-year rise in consolidated steel output to 7.48 million tonne (MT) in the December quarter. It had produced 7.03 million tonne (MT) crude steel in the October-December period of the preceding 2024-25 fiscal year from India and the US operations, JSW Steel said in an exchange filing. Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgrade of capacity from end of September 2025 and is expected to be commissioned by end of Q4 FY26. Consequently, this affected the capacity utilisation at Indian operations for Q3, FY26. The capacity utilisation for Indian operations for the quarter, excluding blast furnace (BF3) capacity, was at 93 per cent and including BF3 capacity was at 85 per cent.

Days after a US-led 'Pax Silica initiative' excluded India from the rare earths alliance, JSW Group Chairman Sajjan Jindal on Friday called for increased focus on domestic exploration of minerals. Jindal, who leads the USD 23 billion conglomerate having interests in steel and also electric vehicles, said India has sufficient reserves of rare earths. "We have a lot of rare earth in our country. We have not worked on it very diligently. So therefore, we have not explored the rare earth mineral wealth in our country," he said. "But now, after the shock we got from China, I think the country is sincerely working to see that we develop our rare earths," Jindal added. On the country's exclusion from the Pax Silica initiative, he suggested that developing our own strengths is the way forward. "India has to develop its own. Atmanirbhar Bharat is a very important aspect and we have to (work)," Jindal told reporters on the sidelines of the World Hindu Economic Forum here. It can be noted t

Speaking at the conclave, RPSG Group Chairman Sanjiv Goenka said that over the last 15 years, the group has invested Rs 26,500 crore in the state

JSW Paints has completed the acquisition of 60.76% in Akzo Nobel India from Akzo Nobel N.V. and affiliates, taking its holding to 61.2% after buying an additional 0.44% via an open offer

Sajjan Jindal-led JSW Steel on Tuesday said its consolidated crude steel production rose 5 per cent to 24.39 lakh tonnes in November. The growth underscores the company's continued expansion and resilience in the competitive steel industry, strengthening its position as a key player in the country's infrastructure sector. The company's crude steel output was 23.23 lakh tonnes in the corresponding month of the previous fiscal, JSW Steel said in a filing to BSE. The production of its Indian operations also increased 5 per cent to 23.61 lakh tonnes during the month. The company said capacity utilisation at its Indian operations stood at 84 per cent, lower due to the shutdown of a blast furnace at its Vijayanagar facility for capacity upgradation. JSW Steel is the flagship business of the diversified USD 23 billion JSW Group. As one of the country's leading business houses, JSW Group also has interests in energy, infrastructure, cement, paints, realty, e-platforms, mobility, defence,

The transaction gives JSW Infra an immediate foothold in India's rail logistics ecosystem and materially strengthens its plan to evolve into a multi-modal logistics platform

After 13 years with the JSW Group, Pritesh Vinay has stepped down but will serve through December 2025 to ensure a smooth transition as the company begins a search for his successor

JSW Energy looks to operationalise its battery assembly plant in Pune, Maharashtra, in the third quarter of this financial year, a company official said. In an investor call, the company's Joint Managing Director and CEO, Sharad Mahendra, also said that trial runs for green hydrogen project having a capacity of 3,800 tonnes per annum (TPA) at Vijayanagar are near complete and its commissioning is expected soon. The company is setting up a battery assembly plant at Pune in Maharashtra with an annual capacity of 5 gigawatt hour (GWh), he said. This facility is dedicated to supporting Battery Energy Storage Systems (BESS), he said, adding the company expects to operationalise it in the third quarter of FY26. "It will also enable us to meet domestic content requirements for BESS as and when they are mandated," he said. The company registered a 59 per cent year-on-year rise in total revenues to Rs 5,361 crore in the July-September period, from Rs 3,459 crore in the year-ago period. It

The company added 443 megawatts of organic renewable energy capacity during the quarter, taking total installed capacity to 13,211 megawatts

Earlier in February 2024, Volkswagen and JSW Group were in talks to form a joint venture for EV manufacturing in India. The discussions have now resumed after VW's stalled pact with M&M

Strong sales of the MG Cyberster and M9 Presidential Limousine push JSW MG Motor to the No.2 position in India's luxury EV space, with demand soaring across cities

SAIC is not pulling out of India but wants to dilute its stake in JSW MG Motor significantly and will continue to provide technology and products for the venture

The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth