Page 4 - Jsw Group

Modification at Halol plant to increase output, meet demand: JSW Motor

JSW MG Motor India on Wednesday said it is undertaking facility modifications at its Halol plant to enhance output to meet demand for its all-electric crossover utility vehicle Windsor and to prepare for new products to be sold under its premium retail chain MG Select. The company, which has witnessed the Windsor cross production milestone of 15,000 units, said it anticipates a production slowdown this month due to the facility modifications. The Halol plant has an annual production capacity of over 1 lakh units and plans to take it up to 3 lakh units by around 2027. JSW MG Motor India is diversifying its portfolio with the all-electric roadster MG Cyberster and electric three-row limousine MG M9 to be launched in the first half of this year under 'MG Select', company's new 'accessible luxury' brand channel. The two new models were unveiled at the Bharat Mobility Global Expo 2025 held in January. "We are increasing the capacity of the facility at Halol to meet the rising demand for

Anurag Mehrotra appointed managing director of JSW MG Motor India

JSW MG Motor said its CEO emeritus, Rajeev Chaba, will continue to advise the management and shareholders as a member of the joint steering committee

Jindal accuses China of dumping steel in India, calls for govt intervention

China produces roughly as much steel as the entire rest of the world combined, but its steel production is experiencing a slowdown

Half of Rs 3 trn investment MoU with Maharashtra to happen in Vidarbha: JSW

Jindal highlighted that of the Rs 3 trillion investment the group committed to Maharashtra through the recent memorandum of understanding

Sajjan Jindal-led JSW plans airport foray with Andal airport in West Bengal

The foray would be through JSW Infrastructure, which would be buying a stake from private investors in Bengal Aerotropolis Projects Ltd (BAPL)

What drove JSW Energy share price 7% higher on Feb 5? Check details here

JSW Energy share rose after the company announced it has received LoA from WBSEDCL for development & operation of 1,600 MW greenfield (2 x 800 MW) super / ultra super critical domestic coal-based TPP

JSW group forays into copper mining with Rs 2,600 crore investment

Sajjan Jindal group to join sector where Adani, Aditya Birla Group rival each other

JSW Group to invest Rs 2,600 cr in copper mines, plant in Jharkhand

JSW Group on Monday said it will invest Rs 2,600 crore to develop and operate two copper mines and set up a copper concentrator plant in Jharkhand. The development marks JSW Group's foray into the copper business as part of its commitment to diversification and growth. "With a planned investment of Rs 2,600 crore, this marks a significant milestone in strengthening India's position in critical resources," it said in a statement. JSW Group said it has made a significant expansion into the mining of non- ferrous metals by winning the mine operator and developer (MDO) contract of two blocks of copper mines in Jharkhand from state-owned Hindustan Copper Ltd (HCL). "The project involves operationalising the two mines and setting up of a copper concentrator plant, with the total capital investment estimated to be Rs 2,600 crore," it said. On full-scale ramp up, the mines will have an ore capacity of three million tonne per annum (MTPA). The mines are likely to become part operational

JSW Energy share up 2% as board to consider fund raising on January 28

JSW Energy shares rose after the company announced that the Board will meet on January 28, to consider and approve raising of long-term funds via NCDs

JSW Defence signs MoU with Telangana for Rs 800 cr UAV manufacturing plant

JSW Defence has signed an agreement with the Telangana government to set up a facility in the state for manufacturing Unmanned Aerial Systems. JSW UAV, a wholly-owned subsidiary of the company, would invest Rs 800 crore to set up the unit in Telangana through a technology arrangement with a leading US-based defence technology company, JSW Defence said in a statement. The MoU was signed in the presence of Telegana Chief Minister Revant Reddy and Parth Jindal of JSW Group on the sidelines of the World Economic Forum (WEF) here. "The MoU underscores our unwavering commitment to playing a key role in indigenizing defence technology in India," Jindal said. Reddy said Hyderabad, and Telangana have been long positioned in the global market as software and pharma leader. "With clear vision and diligent efforts, we are now establishing Telangana as a clear leader for investments in manufacturing across sectors, ranging from semiconductor, defence, private space to FMCG," he said. JSW Defe

JSW Group signs MoU with Maharashtra to invest Rs 3 trillion in state

Diversified JSW Group on Tuesday announced plans to invest Rs 3 lakh crore across its businesses, in three regions of Maharashtra, including naxal-infested Gadchiroli. The conglomerate signed a memorandum of understanding (MoU) with the Maharashtra government on the sidelines of the World Economic Forum (WEF) here. The commitment from JSW is a significant step in fulfilling the state's vision to develop Gadchiroli as the 'steel city' of India, Chief Minister Devendra Fadnavis said, adding that the announcement is a clear testament to their confidence in the state's potential. "I am confident that this collaboration will further strengthen Maharashtra's position as an industrial and economic powerhouse, driving innovation, job creation, and long-term prosperity for our people," the chief minister added. JSW Group Chairman Sajjan Jindal said the state has been pivotal to JSW Group's journey of growth and innovation. "This investment will not only boost industrial development but als

JSW MG Motor asks government to reduce GST on plug-in hybrid cars

On July 5 last year, the Uttar Pradesh government issued an order removing registration tax on strong hybrid cars, sparking a debate within the automobile industry

Sebi gives nod to JSW Cement's Rs 4,000 cr IPO after 4-month hold-up

The cement making arm of the steel-to-energy JSW group filed for an IPO worth up to Rs 4,000 crore ($461.46 million) in September, aiming to capitalise on the country's booming stock market

Windsor has created much-needed disruption in EV market: Parth Jindal

A+ SUVs are compact, under 4 metres, affordable, and suited for city driving. B+ SUVs are slightly larger, more spacious, and feature-rich for families

JSW Steel consolidated crude steel production rises 2.3% to 7 MT in Q3

Sajjan Jindal-led JSW Steel on Friday said its consolidated crude steel production rose by 2.3 per cent to 7.03 million tonnes (MT) in the third quarter of the current fiscal. The company's steel output was 6.87 MT in the year-ago period, JSW Steel said in a filing to BSE. The company's Indian operation's crude steel production rose by 3 per cent to 6.82 MT, over 6.63 MT in the year-ago period, the filing said. Capacity utilisation at Indian operations excluding trial run stood at 91 per cent for the third quarter of the ongoing financial year. "Production and capacity utilisation for the quarter was affected due to temporary maintenance activity at one of the Blast furnaces at Dolvi in the month of October, which resumed normal operations in the first week of November," the company said. JSW Steel's 5 million tonnes per annum (MTPA) integrated steel project at Vijayanagar, set up by wholly owned subsidiary of the company, JSW Vijayanagar Metallics Ltd (JVML), is progressing ...

JSW Group in talks to acquire Everstone Capital's 8% stake in MG India

If the deal goes through, JSW's stake in MG India will increase to 43% from 35%

JSW group in talks with Geely, BYD for electric car production plans

JSW Group is in talks with Chinese automakers Geely and BYD to launch electric vehicles and e-trucks in India, aiming to establish an integrated mobility company under its JSW Green Mobility division

JSW Energy inks deal to acquire O2 Power at $1.47 bn enterprise value

JSW Energy said the latest acquisition will increase the company's locked-in generation capacity to 24,708 MW, from the current 20,012 MW

Here's how India Inc and industry leaders pay tribute to Manmohan Singh

Billionaire industrialist Gautam Adani described former Manmohan Singh as "a rare leader who spoke softly but achieved monumental strides through his actions"

JSW Infra plans 400 mtpa cargo handling capacity, Rs 30K cr capex by FY30

Company to strengthen its ports in multiple states; focusing on its logistics arm too