JSW Group
Encyclopedia
JSW Group is one of India's largest business conglomerates, with a strong presence in the core economic sector based in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

. It has diversified interests in steel, energy, minerals and mining, aluminium, infrastructure and logistics, cement and information technology. It is led by Sajjan Jindal
Sajjan Jindal
Sajjan Jindal is an Indian businessman. He is the Vice Chairman, Managing Director of JSW Steel, a part of the JSW Group of companies. JSW Steel is India's third-largest steel producer. JSW Steel has formed a strategic tie-up with the world's sixth largest and Japan's second largest steel producer...

 and part of the US $ 15 billion O. P. Jindal Group
Jindal Group
The Jindal group is a US$ 15 billion conglomerate, which over the last three decades has emerged as one of India's most dynamic business groups. Founded in 1952 by O.P. Jindal, a first-generation entrepreneur, it is today a leading steel producer, with interests spanning across the spectrum, from...

.
JSW Steel Ltd, JSW Energy
JSW Energy
JSW Energy Limited JSW Energy Limited (JSWEL) JSW Energy Limited (JSWEL) ( a subsidiary of the JSW Group based in Mumbai. JSW Energy was incorporated in 1994. JSW Energy has 995 MW, of operational generating capacity and 2145 MW of generating capacity in the construction or implementation phase...

, JSW Infrastructure
JSW Infrastructure
JSW Infrastructure Limited, is part of the JSW Group based in Mumbai. It has interests in development of infrastructure for Ports, Roads & Rail connectivity....

, Ispat industries Ltd are subsidiaries of JSW Group.

Canada's CIC Energy Corp was taken over by JSW in 2010 for USD 414.5 million. On 21 December 2010 it declared that it will buy controlling interest in Ispat Industries at an enterprise value
Enterprise value
Enterprise value , Total enterprise value , or Firm value is an economic measure reflecting the market value of a whole business. It is a sum of claims of all the security-holders: debtholders, preferred shareholders, minority shareholders, common equity holders, and others...

of $3 billion to emerge as India's largest producers of the commodity, with an annual capacity of 14.3 million tonnes.

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