Network scale seen as central to tapping smaller markets.
You have to grow, and grow fast - that's the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. The remark captured not just the moment but also the momentum of JSW's growth story.
The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 'MG Select' showrooms in the next six months.
Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other hand, Mahindra & Mahindra and Toyota Kirloskar Motor posted double-digit growth riding on their SUV and MPV models.
The MG Cyberster, an electric sports car, was launched in Mumbai, March 20, 2024.
'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
'Two would be premium products and three would be mainstream products.'
Alongside the power plant, Chief Minister Banerjee also laid the foundation stone for JSW Industrial Park, which will be spread over 2,000 acres with plug-and-play infrastructure.
JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.
- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated
Few top honchos of India Inc did very well in 2014.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
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