JSW Infra has approved a Rs.2,359 crore capital expenditure (CAPEX) plan to expand operations at the Jaigarh and Dharamtar ports. This investment aims to enhance capacity and operational efficiency at these key locations by upgrading infrastructure and facilities. The expansion will include developing new cargo handling facilities, expanding storage areas, and improving logistical operations to manage growing cargo volumes.
Strategically, the expansion is vital for JSW Infra’s growth as these ports play a crucial role in the company’s supply chain, handling a significant portion of its import and export cargo. The upgrades are expected to improve operational efficiency, reduce turnaround times, and enhance service quality, enabling JSW Infra to accommodate a higher cargo volume and meet increasing demand from various sectors.
The Rs.2,359 crore CAPEX will cover infrastructure upgrades, technology enhancements, and new equipment acquisition. The expansion is anticipated to positively impact the local economy by creating job opportunities and boosting regional competitiveness.
The project will be executed in phases, starting with critical upgrades and infrastructure improvements, and is expected to span several years with set milestones. JSW Infra is also committed to sustainability, incorporating practices to minimize environmental impact and enhance energy efficiency.
Overall, this expansion aligns with JSW Infra’s long-term growth strategy, aiming to strengthen its market position and support its business objectives while benefiting stakeholders including shipping companies, cargo handlers, and local businesses.
