JSW Infra Unveils Rs 300 Billion Capex; Aims 400 MTPA Cargo by FY30

20 Dec 2024 CW Team

JSW Infrastructure has announced a Rs 300 billion capital expenditure plan to boost its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30. The growth strategy will focus on logistics integration and a mix of greenfield and brownfield projects at key strategic locations across India. The company plans to enhance its logistics network through acquisitions, including Navkar Corporation, and a slurry pipeline project. In terms of brownfield expansion, JSW Infra is increasing capacity at existing ports in Jaigarh, Dharamtar, and Goa. It is also developing new ports at Jatadhar, Keni, and Murbe under its greenfield initiatives. JSW Infrastructure reported a strong financial position with zero net debt as of September 30, 2024, highlighting its robust balance sheet. The company has also significantly diversified its cargo portfolio, with third-party cargo now accounting for 48% of total volumes in H1 FY25, compared to just 5% in FY19. The company aims for a 50-50 split between group and third-party customers to ensure stability and profitability. Sustainability remains a key focus for JSW Infrastructure, with plans to integrate advanced technologies to minimise environmental impact. The company has committed to reducing its greenhouse gas emissions and achieving net-zero emissions by 2050. "Our goal is to create an efficient, integrated ports and logistics ecosystem that will support India’s economic growth. This expansion will deliver long-term value to our stakeholders," said Rinkesh Roy, Joint MD and CEO of JSW Infrastructure. (CNBCTV)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..