JSW Group has committed to investing Rs 1.5 lakh crore in the Vidarbha region, as revealed by Chairman and Managing Director, Sajjan Jindal, at an industry event. This investment is part of the larger commitment the group made to Maharashtra at the World Economic Forum in Davos last month.
A significant portion of this investment will be directed towards the establishment of a new steel plant in Vidarbha. “We will set up a 25 MTPA (million tonne per annum) steel plant in this region, which will not only be the largest in the world but also the most environmentally friendly,” Jindal announced at the Invest Vidarbha 2025 event. The steel plant, located in Gadchiroli, will see an investment of Rs 1 lakh crore over the next seven to eight years.
The investment will be phased, with the first phase set to unfold over four years. This steel plant is part of the second edition of the Advantage Vidarbha event, which is focused on boosting industrial development in the region.
In addition to the steel plant, JSW Group plans to invest Rs 11,000 crore in a solar wafer, cell, and module manufacturing plant in Butibori, and Rs 25,000 crore in a 50 GWh cell manufacturing plant at the same location. These projects are expected to create 10,000 jobs in the Vidarbha region.
Jindal highlighted the region’s central location, which offers logistical advantages for transporting materials across the country. He encouraged the local population to leverage the plants and products to drive business growth in the area.
Furthermore, JSW Group recently entered the non-ferrous mining sector by winning a mine operator and developer contract for two copper mine blocks in Jharkhand from Hindustan Copper Limited (HCL). The group has allocated Rs 2,600 crore for this expansion into non-ferrous mining.
JSW Group is one of India’s leading conglomerates with diversified interests across core sectors such as steel, energy, cement, infrastructure, and paints. Founded by Sajjan Jindal, JSW has grown into a powerhouse known for its commitment to operational excellence, innovation, and sustainability. The flagship company, JSW Steel, is one of India’s largest steel producers, renowned for its technologically advanced production capabilities and environmental initiatives.
JSW Energy focuses on renewable energy sources, with ambitious targets to expand its clean energy portfolio. JSW Cement has quickly risen as a key player in the cement industry, focusing on eco-friendly production methods. With investments in sports, the Group also owns franchises in cricket, football, and kabaddi, supporting the growth of sports culture in India. Through continuous expansion, modernization, and a commitment to corporate responsibility, JSW Group is shaping India’s industrial landscape and contributing significantly to its infrastructure and economic development.
