JSW Group, one of India’s leading industrial conglomerates, has unveiled plans to invest heavily in Assam’s cement manufacturing and power sectors, including both renewable and thermal energy. The announcement was made by JSW Group Chairman Sajjan Jindal during his address at the Advantage Assam 2.0 Investment and Infrastructure Summit.
Jindal praised Assam’s rapid development and reiterated the company’s commitment to supporting the state’s growth. He also shared a personal connection to the region, recalling childhood visits to his maternal grandparents in Tinsukia. “My grandfather used to tell me stories about local heroes, and it’s heartening to see how much the region has progressed since then,” he said.
Northeast’s Role in India’s Economic Growth
Jindal emphasized the strategic importance of the Northeast in India’s economic future. “As India moves toward becoming the world’s third-largest economy, the Northeast will play a pivotal role in this growth. The Prime Minister has rightly said that India’s progress is tied to the development of the Northeast,” he stated.
He highlighted the region’s accelerated development, driven by strong government support. Improved infrastructure, including national highways, airports, and logistics parks, has been a key factor in this transformation, Jindal noted.
Focus on Cement and Power Sectors
JSW Group is particularly keen on exploring opportunities in Assam’s cement manufacturing industry. Additionally, the company plans to invest in both renewable and thermal power sectors. Jindal revealed that the group aims to build the state’s largest thermal power plant to meet the growing energy demands fueled by Assam’s rapid development.
“The Assam government has made commendable efforts to attract industries, and we believe this summit will position the state as a global investment hub,” Jindal added.
About JSW Group
JSW Group, founded by Sajjan Jindal, is a diversified conglomerate with interests in steel, energy, cement, infrastructure, and paints. The group’s flagship company, JSW Steel, is one of India’s largest steel producers, known for its advanced technology and sustainability initiatives. JSW Energy is focused on expanding its renewable energy portfolio, while JSW Cement has emerged as a key player in the industry with its eco-friendly production methods.
Beyond its core industries, JSW Group is also a major player in sports, owning franchises in cricket, football, and kabaddi. The group is committed to fostering sports culture in India while continuing to drive industrial growth and innovation.
With its latest investments in Assam, JSW Group aims to contribute significantly to the state’s economic development while reinforcing its position as a leader in India’s industrial landscape
