JSW Group’s global empire includes JSW Steel units in the USA, Italy, and Netherlands, and a trading arm in Singapore. It also operates renewable energy initiatives abroad and oversees international ventures through JSW Projects Limited, expanding its global presence across steel, energy, and infrastructure.
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Who Is the JSW Group and What Do They Do?
JSW Group is a major Indian conglomerate founded by Sajjan Jindal. It operates in sectors like steel, energy, infrastructure, cement, and paints. JSW Steel is among India’s top steel producers, known for innovation, sustainability, and global manufacturing capabilities.
The group also includes JSW Energy, JSW Cement, and JSW Infrastructure. With presence in the USA, Europe, and Asia, JSW focuses on integrated growth, green initiatives, and exports, making it a key player in India’s industrial and global economic development.
JSW Group’s Global Reach: Companies It Owns
1. JSW Steel USA (Ohio and Texas Operations)
- Acquisition Year: 2007
- Acquisition Cost: ₹6,100 crore
- About: Operates steel manufacturing and plate mill facilities in Ohio and Texas.
- Strategic Benefit: Strengthened JSW’s presence in the North American steel market.
- Financials (Current): Revenue of ₹9,000+ crore
- Market Share: 12 percent in U.S. specialty steel segment
- Presence: USA (Ohio, Texas), India
2. JSW Steel Italy S.r.l.
- Acquisition Year: 2018
- Acquisition Cost: ₹1,000 crore
- About: Acquired Aferpi plant for long steel production in Italy.
- Strategic Benefit: Entry into European steel and rail market.
- Financials (Current): Revenue of ₹2,000 crore
- Market Share: 8 percent in Italian rail steel segment
- Presence: Italy, India
3. JSW Steel Netherlands B.V.
- Acquisition Year: 2010s
- Acquisition Cost: ₹800 crore
- About: Holding and trading subsidiary for European steel business.
- Strategic Benefit: Acts as a strategic European hub for exports.
- Financials (Current): Revenue of ₹1,400 crore
- Market Share: 7 percent in EU alloy steel imports
- Presence: Netherlands, EU, India
4. JSW International Tradecorp Pte Ltd (Singapore)
- Acquisition Year: 2011
- Acquisition Cost: ₹300 crore
- About: Global trading arm for raw materials and finished steel.
- Strategic Benefit: Boosts procurement and export efficiency.
- Financials (Current): Revenue of ₹3,000 crore
- Market Share: 5 percent in regional steel trade
- Presence: Singapore, Asia-Pacific
5. JSW Energy (Overseas Renewable Initiatives)
- Acquisition Year: Ongoing since 2019
- Acquisition Cost: ₹2,000 crore
- About: Develops renewable projects across Africa and Asia.
- Strategic Benefit: Expands JSW’s green energy portfolio internationally.
- Financials (Current): ₹2,500 crore in renewable revenue
- Market Share: 10 percent in target renewable zones
- Presence: India, Africa, Southeast Asia
6. JSW Projects Limited (Global Subsidiaries)
- Acquisition Year: 2015 onwards
- Acquisition Cost: ₹1,200 crore
- About: Infrastructure, engineering, and project management across borders.
- Strategic Benefit: Supports steel, cement, and energy expansions.
- Financials (Current): ₹1,800 crore in project revenue
- Market Share: 6 percent in overseas infra execution
- Presence: India, UAE, USA, Europe
JSW Group’s International Businesses – Foreign Companies Owned
JSW Group’s international businesses include steel plants in the USA, Italy, and the Netherlands; a trading arm in Singapore; global renewable energy ventures under JSW Energy; and overseas infrastructure projects via JSW Projects. These subsidiaries expand JSW’s global footprint across manufacturing, energy, and logistics.
JSW Steel USA (Ohio and Texas Operations)
JSW Steel USA operates advanced steel manufacturing facilities in Ohio and Texas. It focuses on producing high-grade steel products for infrastructure and energy sectors, enhancing JSW’s North American presence and reducing reliance on imports through local production and value-added processing.
JSW Steel Italy S.r.l.
JSW Steel Italy S.r.l. owns and operates a long steel production facility acquired from Aferpi. It manufactures steel for rails and structural use, positioning JSW in Europe’s high-grade steel market and supporting export-led growth through proximity to European rail and infrastructure demand.
JSW Steel Netherlands B.V.
JSW Steel Netherlands B.V. serves as JSW’s holding and trading hub in Europe. It supports marketing, sales, and logistics for steel products across the EU, helping JSW manage its European supply chain efficiently while expanding its customer base and regional influence.
JSW International Tradecorp Pte Ltd (Singapore)
JSW Tradecorp in Singapore manages global procurement and distribution of steel and raw materials. Strategically located in Asia-Pacific, it enhances JSW’s trading capabilities, ensuring smoother global operations and optimized sourcing and export efficiency across international markets.
JSW Energy (Overseas Renewable Initiatives)
JSW Energy’s overseas division undertakes renewable energy projects across Africa and Southeast Asia. It focuses on wind, solar, and hybrid energy systems, supporting JSW’s commitment to green energy and expanding its footprint in emerging global renewable energy markets.
JSW Projects Limited (Global Subsidiaries)
JSW Projects Limited oversees international engineering, procurement, and infrastructure projects. It supports JSW’s expansion in steel, cement, and energy sectors through overseas subsidiaries and joint ventures, driving global project execution in alignment with JSW’s industrial and infrastructure ambitions.
JSW Group’s Acquisition Timeline
The chart below shows JSW Group’s Acquisition Timeline.
Who Owns the JSW Group? Family & Business Background
JSW Group is owned and led by Sajjan Jindal, a prominent industrialist and son of O.P. Jindal, founder of the Jindal Group. Sajjan Jindal heads the western arm of the family business, which later evolved into the independent JSW Group.
The Jindal family legacy continues across various industries, with different members managing separate divisions. JSW Group, under Sajjan Jindal’s leadership, operates independently with a strong emphasis on innovation, global expansion, and sustainability, making it one of India’s most respected business houses in steel, energy, infrastructure, and cement.
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What Are the Major Foreign Companies Owned by the JSW Group? – Quick Summary
- JSW Group’s global empire spans steel operations in the USA, Italy, and Netherlands, with a trading hub in Singapore and international projects via JSW Energy and Projects, strengthening its global reach in steel, energy, and infrastructure sectors.
- Founded by Sajjan Jindal, JSW Group is a top Indian conglomerate engaged in steel, energy, cement, infrastructure, and paints. JSW Steel ranks among India’s largest producers, emphasizing innovation, global scale, and sustainable manufacturing practices.
- JSW’s international portfolio includes steel production in the USA, Italy, and Netherlands, trading in Singapore, renewable energy initiatives, and infrastructure projects. These ventures enhance JSW’s global presence across core industrial, energy, and logistics domains.
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JSW Group and Its Major Foreign Subsidiaries – FAQs
JSW’s first major foreign acquisition was JSW Steel USA in 2007, when it acquired steel mills in Ohio and Texas. This move marked its entry into the U.S. market and began its journey toward becoming a global steel manufacturing enterprise.
JSW invested over ₹6,100 crore in its U.S. operations, including upgrades to the plate and pipe mill in Texas. This investment aimed to modernize facilities, enhance capacity, and cater to infrastructure and energy sector demands across North America.
JSW Group operates through at least six major foreign subsidiaries, including units in the USA, Italy, Netherlands, Singapore, and others under its energy and infrastructure arms. These subsidiaries support JSW’s international steel, trading, and renewable energy operations.
JSW Steel holds an estimated 2–3% market share globally and a significant presence in high-grade steel for infrastructure. Its U.S. and European acquisitions strengthen its foothold in the global supply chain of flat and long steel products.
JSW Group is owned and led by Sajjan Jindal, part of the Jindal family legacy. The group operates independently under his leadership, with various listed companies like JSW Steel, JSW Energy, and JSW Infrastructure driving growth domestically and internationally.
JSW Group generates over ₹10,000 crore annually from its global subsidiaries. Major contributions come from JSW Steel USA and Italy, supported by trade through Singapore and renewable ventures abroad, forming a strong part of its international revenue base.
JSW expanded globally through acquisitions in the USA, Italy, and Netherlands, and by establishing trading arms in Singapore. In energy, it initiated renewable projects overseas, positioning itself as a diversified global player across industrial, power, and infrastructure verticals.
JSW has invested around ₹7,100 crore across Italy and the US, including plant upgrades and operational expansion. These strategic investments enabled access to advanced markets, enhanced manufacturing capabilities, and strengthened JSW’s global steel value chain.
Globally, JSW owns JSW Steel USA, JSW Steel Italy, JSW Netherlands B.V., and JSW Tradecorp Singapore. It also manages overseas renewable projects and engineering assets under JSW Projects, reinforcing its international presence across steel, energy, and industrial infrastructure.
JSW Group has become a key player in international steel and infrastructure through high-quality output, global acquisitions, and investment in clean energy. Its integrated strategy enhances global supply chains, contributing significantly to infrastructure growth and sustainable development across regions.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
