JSW Infra plans capex of ~10k cr

JSW Infrastructure has planned a capex of ~10,000 crore by 2025 and this will include investments in logistics.

Logistics investment is a natural progression in the port business to strengthen hinterland connectivity.

“We have been accessing opportunities in rail connectivity since the last 6-8 months. We could invest in rakes in the last mile but it continues to be a huge challenge. This would be for both our west as well as east coast operations,” Arun Maheshwari, joint managing director (joint MD) and chief executive officer (CEO) at JSW Infrastructure told Business Standard.

The unlisted company competes with private port players such as Adani Ports, APM Terminals and DP World in the Indian market. “Through this rail connectivity, we are planning to have dedicated rakes, or leased rakes to see volumes increase for us as hinterland connectivity will improve,” said Maheshwari.

Part of the JSW Group, JSW Infrastructure currently has a capacity of 120 million tonnes with its third-party cargo growing over the last few years.