Better Everyday
Steering
The Future
A TRUE VISIONARY.
A LEGENDARY INDUSTRIALIST.
A GREAT PHILANTHROPIST.
A LEGACY THAT WILL ALWAYS BE CHERISHED.
SHRI. O. P. JINDAL
Founder and Visionary, O. P. Jindal Group
His life was an inspirational journey leading millions to follow the enlightened path. We will always carry on his values, an epitome of indomitable courage, endurance and integrity, his legacy will always remain with us. As we take leaps towards the future, we are fully committed to honour his vision and keep his legacy alive & carrying it forward to greater heights.
JSW Steel is one of India’s leading integrated and geographically diverse steel manufacturers. Our goal is to partner in India’s growth story by supplying steel for vital infrastructure projects, providing value added steel solutions through innovation while investing in sustainability and improving the well-being of the broader community.
We have adopted advanced technologies and processes to ensure that steel continues to be the preferred material as we transition towards a low-carbon future. In pursuing our strategic objectives, we are committed to responsibly reducing our environmental footprint and positively influencing the lives of our employees and partners.
Domestic crude steel capacity
Expected domestic capacity by
FY 2030-31
Domestic downstream steel capacity
(Crude Steel Capacity) International presence
Branded stores added
Countries (export footprint)
Captive iron ore mines
Captive coking coal mines
Direct employees
MESSAGE FROM THE CHAIRMAN
SAJJAN JINDAL
Chairman & Managing Director
Dear Stakeholders,
It is a pleasure to address you once again as we reflect on the past financial year and reinforce our strategic priorities and commitments to build a strong and sustainable future.
The global economy demonstrated remarkable resilience in FY 2023-24, with continued disinflation and steady growth. While the risk of a hard landing has decreased, ongoing geopolitical tensions warrant some caution.
MESSAGE FROM THE JMD AND CEO
JAYANT ACHARYA
Joint Managing Director and CEO
STRONGER FUTURE
Dear Stakeholders,
India stands out as an exciting, vibrant force on the global stage, consistently ranked as the fastest-growing major economy. This is reflected both in the manner in which India has navigated the current challenge-ridden global economic landscape, and how it lays the foundation for becoming a developed economy by 2047.
INDUSTRY
BENCHMARKS
We closely monitor and track critical indicators to ensure alignment with our growth objectives. By continuously optimising our operations, we ensure value creation for all stakeholders and sustain our competitive edge in the market.
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FINANCIAL PERFORMANCE REVIEW
Future
JSW Steel, since inception, has been at the forefront of change that has shaped the steel industry. From turning a barren land in Vijayangar into one of the world’s largest steel complexes to contributing to the nation’s iconic infrastructure projects, we have set industry benchmarks while producing world-class steel that fosters progress and prosperity. We are now pioneering green steelmaking, aligned with India’s sustainable development aspirations and the global agenda for a low-carbon future.
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VISION AND
ACTION
OUR VISION
OUR PURPOSE
GROWTH
We strive for continuous enhancement in all aspects of our business. To achieve this, we have identified six strategic focus areas through a comprehensive evaluation of our key issues, growth needs, stakeholder feedback, and other internal and external factors influencing our progress.
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At JSW Steel, all our business operations are underpinned by a singular guiding philosophy – minimising environmental footprint and promoting ecological well-being. Recognising the critical importance of nurturing a healthy environment, we have adopted a proactive approach. Through innovation, cutting-edge technologies, operational and cultural changes, we mitigate long-term environmental risks while promoting sustainability.
Driven by a people-first mission, we believe that engaged employees are at the core of our business success. We strive to make JSW Steel a fun place to work by keeping our employees motivated and inspired. We recognise our employees' expertise and commitment as crucial for achieving operational excellence, gaining a competitive edge, and ensuring long-term success. As an equal opportunity employer, we cultivate and empower our workforce, promoting a culture of excellence.
Guided by our Group's philosophy of 'Better Everyday', we measure our business success also based on the positive impact we create on the ground. With a strong presence across rural locations, our social development arm, the JSW Foundation, contributes to India’s development by providing life-changing opportunities through education, skill development, expanding livelihood options, and promoting social equity around our plant and port locations.
Our dedication to enriching the welfare of the communities in which we operate runs deep. We maintain an unwavering commitment to honouring and safeguarding the human rights of all stakeholders throughout our value chain.
Our suppliers and business partners are integral stakeholders. They are instrumental in facilitating the smooth functioning of our operations and contribute vitally to our accomplishments. Central to our ethos is the cultivation of symbiotic relationships, wherein we prioritise partners who resonate with our principles, uphold ethical standards, and share our dedication to sustainable endeavours.
At JSW Steel Limited, corporate governance is a continuous journey centred on integrity, transparency, and accountability. With a balanced Board of experts, top-level executives, and skilled professionals, supported by robust systems, we ensure ethical conduct across our operations. Our commitment to strong governance, beyond mere policies, drives our growth while considering the well-being of all stakeholders.
