JSW Infrastructure Sets Ambitious Goals to Become Leading Logistics Solutions Provider

JSW Group intends to develop JSW Infrastructure into a comprehensive logistics solutions provider, according to Chairman Sajjan Jindal during the company's 18th annual general meeting on Tuesday. "India's economy is growing and is projected to reach $10 trillion. With its diversified areas, the logistics business requires more significant private-sector companies to supply last-mile connectivity solutions," Jindal explained. The acquisition of Navkar Corporation, which owns container freight stations and inland container depot facilities in strategic areas, complements JSW Infrastructure's plan to build a countrywide network. Jindal remarked that this acquisition provides access to substantial land resources in the Mumbai Metropolitan Region (MMR) and Gujarat for future development. In addition, a multimodal cargo terminal called Gati Shakti is being built in Chennai by JSW Infrastructure. "The company will continue to work on projects to build and scale a pan-India network, delivering unmatched efficiency in the logistics sector," Jindal added. By FY2030, JSW Infrastructure hopes to have increased its cargo handling capacity from 170 MTPA to