JSW Group plans 70 billion dollars investment in diverse sectors including automobiles

JSW Group's Chairman and Managing Director, Sajjan Jindal, has announced a significant capital investment plan of $70 billion across various sectors, including steel, cement, energy, paint, and an expansion into the automobile industry.

Jindal highlighted that while sectors like steel and energy require substantial capital, the group's entry into automobiles and paint involves comparatively less financial commitment.

The largest portion of the capital expenditure is allocated to JSW Steel, which demands approximately ₹25,000 crore annually.

Jindal emphasized that future investments will increasingly focus on renewable and thermal energy, reflecting the group's strategic direction in response to changing market demands.

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