The JSW Group announced plans to encourage investments from Japanese and South Korean companies at its upcoming industrial park in Salboni, West Bengal. This development was shared by JSW Chairman Sajjan Jindal during a foundation stone-laying ceremony, which also marked the start of construction for a 1,600-MW power plant in the region.
Chief Minister Mamata Banerjee presided over the event held in Paschim Medinipur district, where the industrial park is set to span 2,000 acres. “There is an opportunity to bring in global players from sectors such as electronics, electrical equipment, refrigeration, transformer manufacturing, mobile battery production, and chemical industries,” Jindal stated.
He noted that due to the ongoing trade tensions between the US and China, several Korean and Japanese companies operating out of China are actively exploring relocation options. “Relocating back to their home countries is often cost-prohibitive. We’re positioning Salboni as an attractive alternative,” he explained.
The upcoming park aims to offer “plug-and-play” infrastructure, including reliable access to utilities like water and electricity at competitive rates. The site will also be well-connected through both highway and rail networks.
Jindal expressed confidence that the Salboni project could become a benchmark industrial zone for the country.Reflecting on the journey of the Salboni initiative, he said, “This was conceived as a dream project back in 2008. Challenges around land acquisition and raw material sourcing, especially during the Singur and Nandigram unrest, stalled the original steel plant plan. But since then, we’ve successfully launched a cement plant here, and now we’re taking the next big step.”
JSW Energy, the energy division of the group, is investing ₹16,000 crore in the power facility, which is expected to generate over 2,000 direct and indirect jobs. Plans are also underway for two additional 800-MW power units at the same site. According to Jindal, 1,000 acres have already been designated for the energy project, while the industrial park will occupy 2,000 acres. The cement facility is on 600 acres, leaving 800 acres available for future development.
Jindal also shared that the upcoming power plant will feature top-tier, environmentally responsible technology, designed to support West Bengal’s rising energy needs. Praising the state’s progress, he added, “West Bengal has seen remarkable development over the past decade. We believe this industrial push will bring direct benefits to local communities, especially farmers who originally owned the land.” 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.
