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
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,
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
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
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 IPO will open for public subscription on Thursday, August 7, and close on Monday, August 11
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 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
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
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
Sajjan Jindal is said to have personally led negotiations for the deal, valued at approximately ₹12,000 crore
Terrorism is a threat to all of humanity and must be condemned in every form, says Ambani
"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
Remainder to be deployed in core steel and energy operations: Company official
Industrialist backs domestic manufacturers, calls India a great platform for entrepreneurs
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
Karnataka continues to be JSW's karmabhoomi with major expansions in steel, energy, infrastructure, cement, and paints
Jindal highlighted that of the Rs 3 trillion investment the group committed to Maharashtra through the recent memorandum of understanding
Sajjan Jindal group to join sector where Adani, Aditya Birla Group rival each other
Paris Olympics 2024: Sajjan Jindal's announcement came shortly after Morris Garages India revealed their new CUV, the MG Windsor, in collaboration with JSW Group