JSW's common hub for steel and cement to clock in Rs 2,300 crore this year

Firm says the hub will be the largest of its kind in Asia, with a current stocking capacity across both products of about 2 mn tonnes a year

The JSW Group is combining its distribution and supply chain expertise across the steel and cement businesses under an integrated JSW One initiative.  

According to the company, the JSW One hub for cement and steel will be the largest such in Asia. Its current stocking capacity across both products is close to 2 million tonnes per annum, which will be raised to 3.5 million tonnes in a few years.

The first of the hubs will be located at Salboni, West Bengal. The turnover from this hub for the combined model is expected to be in the region of Rs 2,300