JSW Infrastructure, a prominent entity within the JSW Group, has unveiled an ambitious capital expenditure plan of ₹15,000 crore over the next three years. This strategic investment aims to bolster the company’s cargo handling capacity and enhance its port infrastructure across India.
The allocated funds are set to be directed towards expanding existing port facilities, developing new terminals, and integrating advanced technologies to streamline operations. A significant portion of this investment will focus on augmenting capacities at key ports, including Jaigarh, Dharamtar, and Paradip. The company also plans to explore opportunities in the green energy sector, aligning with global sustainability trends.
Arun Maheshwari, Joint Managing Director and CEO of JSW Infrastructure, expressed confidence in the company’s growth trajectory, stating that these investments are pivotal for meeting the increasing demand for efficient cargo handling services in India. He emphasized that the enhanced infrastructure will not only cater to current requirements but also position the company to capitalize on future trade opportunities.
This substantial capital infusion underscores JSW Infrastructure’s commitment to strengthening India’s maritime capabilities and supporting the nation’s economic growth. By expanding its infrastructure and embracing technological advancements, the company aims to solidify its position as a leading player in the port sector.