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30 Entrepreneurs of the Year 2017

The global conglomerate changing the face of business: JSW Group

thesiliconreview-sajjan-jindal-chairman-jsw-group-2017A Glimpse of JSW Group

With a diverse workforce of over 40,000 individuals, JSW is known to be the “strategic first mover” to venture away from status quo, have the conviction to make fundamental changes and drive operational excellence.

JSW is a multi-billion-dollar conglomerate; JSW Group is a part of O.P. Jindal Group and played a key role in India's growth story. Ranked among India's top business houses, JSW's innovative and sustainable forays into the core sectors of Steel, Energy, Cement and Infrastructure are helping build a new nation. The Group continues to strive for excellence with its strengths, differentiated product mix, state-of-the-art technology, excellence in execution and focus on sustainability.

The flagship company of JSW Group - JSW Steel, is India’s leading primary and integrated steel producer. It has a production capacity of 18 MTPA with plants located across six locations in South and West India, namely, Karnataka, Tamil Nadu and Maharashtra. 

Built on a strong foundation of core values i.e Transparency, Excellence, Dynamism and Passion for Learning, in a short span, JSW group has grown multifold. Technological innovations, a strong focus on sustainability and a philosophy to give back to the communities at large set each JSW Company apart.

Wings Over Different Businesses

The wings of JSW group has not only cover a single vertical but it has been providing shades to business like Steel, Energy, Cement, Infrastructure, and Ventures.

The JSW Steel: The Steel That Built India

From humble beginnings with a single plant in 1982, JSW Steel is now India’s leading private sector steel producer and amongst the world’s most illustrious steel companies with an installed capacity of 18 MTPA. JSW Steel boasts of one of the largest blast furnace with a capacity of 3.3 MTPA, taking JSW’s overall capacity to 12 MTPA at Vijayanagar, Karnataka, and its flagship steel plant. With its plants located across 6 strategic locations in South and West India, JSW Steel will continue to raise the bar with its high quality & diverse product range.

Over the last 35 years, JSW have partnered the country in its journey to self-reliance, by embracing sustainability, adopting cutting-edge technology and having innovation and R&D initiatives at the heart of its culture.

“We're not ones to rest on our laurels. Driven by decades of experience and a dynamic culture, we constantly seek new ways to revolutionize steelmaking.”

JSW Steel has made technological prowess possible with a relentless focus on innovation and R&D. It has helped the company to stay ahead of competition, customize its offerings as per client requirements, partner with global leaders such as JFE Steel, Marubeni Itochu Steel, Praxair and Severfield Rowen Plc. to be cost-efficient, and be seen worldwide as a purveyor of high-end, value-added steel.

JSW Steel is recognized worldwide as a purveyor of high-end, value-added steel and is the India’s largest exporter of coated products with a presence in over 100 countries.

JSW Energy: Powering India’s Needs

The journey JSW Energy to become India’s leading power company was built on the hard work in the early years of liberalization. From managing operations, enhancing social and economic benefits, to minimizing environmental impact and employing cutting age innovation, JSW Energy has driven its way to the top.

JSW Energy is one of the earliest private entrants into the power sector positioned strongly as a full-spectrum integrated power company with a presence across the power sector value chain. JSW Energy operates 4,531 MW (Thermal - 3,140 MW & Hydel - 1,391 MW) of power generation capacity with the vision to achieve 10,000 MW in power generation capacity by 2020. With transparent operations, stringent corporate governance norms and a clear vision, JSW Energy is setting benchmarks in the power sector. The Company’s presence extends across India and also includes stakes in a coal mining Company in South Africa.

The company’s strategic approach to expansion ensures diversity in geographic locations, fuel sources and the power off-take arrangements helps it to de-risk the business. Over the past 6 years, JSW Energy has enhanced the power generation capacity from 260MW to 4,531 MW.

With the sole objective of lighting up the developing parts of the country, JSW Energy is powering ahead with its committed values and sustainable business practices.

The JSW Infrastructure: Committed to efficiency

JSW Infrastructure is one of the leading private sector infrastructure companies in India. Operating since 1999, the company has strength of more than 1200 employees. JSW Infrastructure embodies values such as transparency, striving for excellence and dynamism with a proven record in operational efficiencies.

As a commitment to the nation, JSW Infrastructure is dedicated to developing world class airports, shipyards, townships, roads and rail connectivity, inland waterways, water treatment plants, special economic zones and other infrastructural facilities.

Currently, the company’s port vertical operates environment-friendly seaports and terminals in Maharashtra and Goa that offer mechanized and multi-cargo handling facilities to the customers. It is connected by rail and road to the industrial hinterlands of Maharashtra, Goa and Karnataka.

The JSW Cement: Envisioning A Self-Reliant India

Since its inception in 2009, JSW Cement entered the market with a vision to ensure a sustainable future for the country by producing eco-friendly cement. 

JSW Cement produces three varieties of cement: Portland Slag Cement (PSC), Ordinary Portland Cement (OPC), and Ground Granulated Blast Furnace Slag (GGBF). At Vijayanagar (Karnataka), Nandyal (Andhra Pradesh) and Dolvi (Maharashtra), JSW Cement utilizes slag from the JSW Steel plants to produce green cement.

JSW Cement’s flagship plant in Nandyal uses world-class technology (including the advanced Combi Finish Mode Roller Press Circuit and automated loading system) to manufacture cement. It also won prestigious awards for its energy-saving processes. With key markets in Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Kerala, Maharashtra, Orissa, and Goa, JSW Cement has been delivering high-quality products to several prestigious and large infrastructural projects in the southern and western regions of the country.

JSW Cement believes in building a self-reliant India. Its aim is to become a global leader in the cement sector and to make India an infrastructural force to reckon with. It is committed to its vision, mission and values.

  • Vision - Global recognition for Quality and Efficiency while nurturing Nature and Society.
  • Mission - Supporting India’s growth in core economic sectors with speed and innovation.
  • Core Values - Transparency, Strive for Excellence, Dynamism, Passion for learning

The JSW Ventures: Going Beyond Great

JSW Ventures is an early-stage tech focused venture capital fund based in Mumbai.

The company believes that technology drives innovation and innovation creates the future. It is enthusiastic about disruptive trends led by technology that are shaping the way businesses and customers consume products and services and interact with each other. The select pool of high quality entrepreneurial talent coupled with the capacity to transform existing systems and processes is driving the growth in this space.

The company extended its partnership not just through capital but a commitment to build exceptional companies. Leveraging our core strengths, we actively support and add value to our companies through but not limited to developing growth strategies, improving financial functions, providing access to investor community and support from extensive JSW group resources.

“At JSW Ventures, we believe in supporting entrepreneurs across diverse sectors and help fuel their development. Companies in SaaS, Fintech, Consumer Internet, Mobile, E-commerce, Health Tech, Analytics, Education, IoT etc. that are creating the next-generation products and solutions draw our interest.”

The JSW Sports: Developing The Nation’s Sporting Caliber

JSW-Group---coverThe Sports Division of the JSW Group is engaged in driving a variety of sporting programs that range from empowering some of India's best athletes to owning one of the most successful football clubs in recent memory.

The Sports Excellence Program (SEP) is the flagship endeavor of JSW Sports. The SEP currently supports 39 athletes across six disciplines. Athletes funded by the SEP have been achieving consistent success on the international stage since the inception of the program. SEP-supported athletes won a total of 15 medals at the 2014 Commonwealth Games and the Asian Games. In 2015, SEP boxers and wrestlers have won medals in continental and global competitions. 

The Division also owns Bengaluru FC, one of India's most successful clubs in recent memory. Bengaluru FC won the I-League, India's premier professional club competition, in its debut season and finished runners-up in its second season. The Blues, as the Club is affectionately known, also won the 2015 Federation Cup and managed to reach the pre-quarterfinals of the AFC Cup, a continental competition featuring some of Asia's best football clubs. 

JSW Sports owns the Bengaluru Yodhas, a franchise that reached the semifinals of the inaugural Pro Wrestling League. The franchise is co-owned by India's Test captain Virat Kohli. Discussions on entering the Hockey India League (HIL) are also currently in progress. 

The JSW Foundation: Empowering Communities, Powering Livelihood

Established in 1989, JSW Foundation is the social development arm of JSW group of companies with governing philosophy that every human being has immense potential to flourish given the correct opportunity to thrive.

JSW foundation takes conscious steps to support and empower communities, primarily located around its plants. The foundation is committed to reducing social and economic inequalities by providing better opportunities through health, education, skill development and employment. It is also committed to facilitate potable water to drink and clean air to breathe so that the communities it serves are in the socio-economic mainstream of our community and contributing.

The foundation adopts a collaborative approach where communities are at the centre of all its initiatives. Its attempt is to add value through research and partnerships and scaling up sustainable solutions.

JSW Foundation is working relentlessly to tackle the issue of malnutrition, facilitating to make learning more effective and meaningful, empowering the youth through employable skill programs, ensuring water security through long-term watershed development programs, providing access to sanitation facilities in rural areas to make them open defecation free, preserve and conserve national heritage and promotion of sports.

It is a firm in the conviction that only by enabling an educated nation, true change can come.

Corporate Citizenship

We strive to be a responsible corporate citizen and conduct our business with this aim in mind.

Our policies are based on the ideology of maintaining transparency and openness in the Management and Board dealings.

Our executives contribute to the ideologies and work towards embedding robust corporate governance principles in their practices.

Cutting edge technology combined with our application and customer service skills help us to create value for all our stakeholders.

Meet The Chief

Mr. Sajjan Jindal is the Chairman of JSW Group. He is a mechanical engineer by training; Mr. Sajjan Jindal has been instrumental in transforming the functioning of the Indian steel industry with his progressive engagement of all stakeholders in the development process at JSW Steel. Under Mr. Jindal’s leadership, JSW Group over the years has expanded in other core sectors of the economy such as power generation, infrastructure Building and Cement manufacturing. His dedication to the cause of a self-reliant India is reflected in the technological innovations that define and set apart each JSW company. Today, under his leadership, the JSW Group runs some of the most energy efficient and eco-friendly manufacturing facilities in the country. Mr. Jindal is leading the JSW Group into a new era of technological advancement.

“Every day, in our business, we strive to empower our people by entrusting them with responsibilities to work as a team. We believe in enabling our people. We do this by ensuring that they have the right environment to work and live, the best of facilities to produce results, and the respect and recognition of their peers and the industry.”