Speaking at the World Hindu Economic Forum, JSW Group Chairman Sajjan Jindal called for a renewed focus on manufacturing to drive Atmanirbhar Bharat. He said India’s economy is overly dependent on services, which contribute over 60 percent of GDP, while manufacturing has fallen below 15 percent. Jindal stressed that a strong manufacturing base is essential for long-term economic strength, job creation and global competitiveness. Highlighting India’s young and ambitious population, he said the country has the talent to scale industry rapidly. He also cited JSW Group’s large investments as examples of commitment to manufacturing-led growth.
Watch JSW Group Chairman and Managing Director Sajjan Jindal speak at the listing of his son, Parth Jindal’s venture JSW Cement at the NSE. From remembering the advice he gave to his son to how he and his brothers convinced their father, O P Jindal, for the need to list their companies on stock exchanges, Sajjan Jindal recalls several anecdotes in his address. “That’s when we rode the tiger, and once you ride the tiger, you can never get off it. Today JSW Cement is riding the tiger,” Jindal quipped. He also says that companies in India can no longer afford to the conservative and had to be aggressive to succeed.
JSW Cement, part of the Sajjan Jindal-led JSW Group, is set to launch its initial public offering (IPO) on August 7, 2025 and will close on August 11
JSW Energy is making its biggest greenfield investment in eastern India with a 1,600 MW power plant in Salboni, West Bengal. With an investment of ₹16,000 crore, this marks a major milestone for the JSW Group. At the foundation stone-laying ceremony, attended by CM Mamata Banerjee, Chairman Sajjan Jindal called Salboni “a dream for JSW,” highlighting the region's strategic importance. The event also saw the launch of a 2,000-acre JSW Industrial Park, reinforcing the group's long-term commitment to the state.
Jindal said that it is not an easy job for a foreign company to be successful in the Indian market.
JSW Group Chairman Sajjan Jindal said that the regulatory approval for the initial public offering (IPO) of JSW's cement business could be obtained by the end of January.
Sajjan Jindal showcased a newly developed electric vehicle, while Nitin Gadkari emphasised the need to priortise electric mobility in Nagpur.
In December last year, a 30-year-old woman accused Jindal of raping her after promising to marry her.
IndoEdge India Fund will buy 8 per cent of MG Motor India for Rs 818 crore, a dealer trust will take a 3 per cent stake for Rs 307 crore, while an employee stock ownership plan will take 5 per cent stake for Rs 511 crore.
Centre Court Capital is a SEBI-registered Category II AIF, and will be launching an offshore feeder fund in GIFT City, to raise capital from international investors.





