JSWMG Alliance: Cost-Cutting and Technology Localization

06 May 2024 CW Team

JSW Group and MITSUBISHI HITACHI Power Systems (MHPS) have embarked on their joint venture, the JSWMG alliance, by implementing initial steps to reduce costs and localise technology. This collaborative effort reflects their commitment to optimise operations and enhance technological self-reliance.

The alliance aims to streamline processes and reduce expenses through various measures, including rationalising supply chains and optimising resource utilisation. By identifying areas for cost reduction and implementing efficient practices, JSWMG seeks to improve its competitiveness in the market.

Furthermore, the alliance is focused on localising technology to reduce dependence on imports and enhance indigenous manufacturing capabilities. This entails leveraging MHPS's expertise to develop and deploy advanced technologies tailored to the Indian market's specific requirements.

The JSWMG alliance's efforts align with broader industry trends towards localization and self-sufficiency, driven by factors such as geopolitical considerations and economic imperatives. By embracing these initiatives, JSW Group and MHPS aim to strengthen their foothold in India's power sector while contributing to the country's economic development.

The partnership between JSW Group and MHPS underscores their shared commitment to innovation, sustainability, and operational excellence. By pooling their resources and expertise, they are well-positioned to capitalise on emerging opportunities in the power generation and infrastructure sectors.

As the JSWMG alliance progresses with its cost-cutting and technology localization initiatives, stakeholders will closely monitor developments and assess the impact on the alliance's performance and market positioning. Through collaborative efforts and strategic investments, JSW Group and MHPS aim to drive sustainable growth and create long-term value for their stakeholders.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..