Sajjan Jindal

W Asia conflict to end in 2 mths, India capex to push growth: Sajjan Jindal

The impact of the Middle East conflict will not last more than two months, and India's growth story will continue with a lot of capital expenditure by industries, chairman of JSW Group Sajjan Jindal said on Saturday. Speaking to reporters on the sidelines of IIM Nagpur's tenth convocation, where he was the chief guest, he said industries focus on long-term plans. He responded to questions about his expectations for capex in 2026-27, and whether he sees sufficient demand that will encourage companies to invest due to the ongoing war involving the US, Israel and Iran. The Middle East conflict is little of a setback for India's industrial growth, he said. "However, everybody understands that this is temporary. It can get over in a week's time or a month's time, or in two months at the most," he said. The business leader said industries plan for the very long term, spanning 20, 25 or even 50 years. "So, India's growth journey will continue. A lot of capital expenditure is being made by

Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push

SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market

JSW Infra Q4 profit declines 18% to ₹418 crore amid one-offs, forex loss

JSW Infrastructure reported lower Q4FY26 profit due to one-off losses, forex impact, and disruptions at its Fujairah terminal amid the Middle East conflict

Pax Silica snub: India must develop its own mineral reserves, says Jindal

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

JSW Steel reports 5% growth in crude steel production in November

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,

JSW Energy CFO Pritesh Vinay resigns; to continue till December 2025

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

Volkswagen, JSW back at the table for EV venture as M&M deal stalls

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

India among fastest growing economies: JSW chairman Sajjan Jindal

JSW Group chairman Sajjan Jindal on Thursday countered US President Donald Trump's recent remarks on India, saying India is one of the largest and fastest growing economies in the world. Speaking at the listing ceremony of JSW Cement at the NSE here, Jindal said India is the fastest growing large economy and has a great future ahead, days after US President Donald Trump's remark of India being a dead economy. "We are going to see a great future for India, because India is growing, it's one of the largest, fastest growing large economies in the world. Whatever Trump may say, that doesn't matter. We are the fastest growing large economy in the world," Jindal said. Amid the trade policy negotiations, Trump had called India as a "dead economy" while expressing disappointment with New Delhi's posturing to continue buying cheap oil from Russia. "I don't care what India does with Russia. They can take their dead economies down together," Trump had reportedly said. Stating that JSW Cement

JSW Cement sets IPO price band at ₹139-147, opens Aug 7: Check key details

JSW Cement IPO will open for public subscription on Thursday, August 7, and close on Monday, August 11

JSW Infra's Q1FY26 results: Profit jumps 31% amid cargo volume growth

JSW Infra's Q1 FY26 profit increased by 31% YoY to Rs 384.68 crore, driven by a 5% rise in cargo volumes, including contributions from its coal terminals and the integration of Navkar Corporation

JSW Infra likely to consider QIP, FPO to dilute promoters' stake

JSW Infra considers stake dilution via QIP and FPO to meet Sebi's minimum public shareholding norms as promoter group holds over 85 per cent in the company

Tariff shocks, China exports challenge Indian steel: Sajjan Jindal

JSW Steel chief flags risks from US tariffs, Chinese exports and global volatility, urging a sustained policy push to ensure competitiveness and fair returns on investment

Jindal Family Trust to sell ₹1,200 cr JSW Infra stake to meet Sebi norms

Sajjan Jindal Family Trust to offload up to ₹1200 crore in JSW Infra shares via block deal to comply with Sebi's minimum 25 per cent public shareholding regulations

JSW nears deal to buy 75% stake in Dulux paints maker AkzoNobel India

Sajjan Jindal is said to have personally led negotiations for the deal, valued at approximately ₹12,000 crore

India Inc condemns tragic Pahalgam attack, backs fight against terror

Terrorism is a threat to all of humanity and must be condemned in every form, says Ambani

JSW Group may invest Rs 50,000 crore in green steel for European market

"If the Indian industry can really buck up and rise to the occasion, we can be the real replacement for China," said Jindal while speaking at the centenary celebrations of Indian Chambers of Commerce

JSW Group plans Rs 60 K cr capex in FY26; including Rs 15 K cr for EV biz

Remainder to be deployed in core steel and energy operations: Company official

This industrialist thinks Elon Musk will not succeed in India. Here's why

Industrialist backs domestic manufacturers, calls India a great platform for entrepreneurs

JSW Group to invest in cement, renewable & thermal power sectors in Assam

Advantage Assam 2.0 Summit: Sajjan Jindal spoke on the strategic importance of the Northeast in India's economic trajectory, noting the region will play a crucial role in India's economic growth

JSW Group's Sajjan Jindal unveils Rs 1.2 trn investment plan for Karnataka

Karnataka continues to be JSW's karmabhoomi with major expansions in steel, energy, infrastructure, cement, and paints