JSW Infrastructure Limited has announced an investment of ₹57.43 crores for the acquisition of a brownfield Rail Siding in Kudathini, Ballari, Karnataka, through its subsidiary JSW Port Logistics Private Limited. The acquisition aims to expand JSW Infrastructure's logistics network and enhance multimodal connectivity.
The acquired site spans over 85.71 acres and was previously owned by Hothur Ispat Private Limited. This strategic move is expected to bolster JSW Infrastructure's position as a leading integrated logistics player.
The Kudathini siding is being developed into a state-of-the-art Multi-Modal Logistics Park (MMLP), featuring modern land infrastructure, container handling systems, a Rail Freight Terminal (RFT), and a fully equipped Inland Container Depot (ICD). Commercial operations are expected to commence within the next six months, with a phased ramp-up.
The total capital expenditure for the project is estimated at ₹380 crores, including the ₹57.43 crores for the acquisition. This investment will be deployed over the next few years to fully develop the site into a comprehensive logistics hub.
Strategically located near JSW Steel's Vijayanagar plant and other JSW Group facilities, the Kudathini siding offers a significant logistical advantage for the efficient movement of raw materials, intermediates, and finished goods. Its proximity to a well-established industrial ecosystem is expected to attract and expand third-party cargo volumes.
Currently, the Ballari region lacks a rail-linked ICD, leading to increased logistics costs due to road transport of containerized EXIM cargo. The proposed ICD is expected to substantially lower logistics costs and provide a fully integrated logistics solution to customers in the region.
JSW Infrastructure, along with its subsidiary, operates rail-linked terminals in Panvel (Maharashtra) and Morbi (Gujarat), with a Gati Shakti Terminal (GCT) under construction in Arakkonam, Chennai (Tamil Nadu).
JSW Infrastructure Limited is a key entity of the JSW Group and is recognized as India's second-largest private commercial port operator. The company operates twelve strategically located port concessions along India's west and east coasts, complemented by an international presence with a liquid tank storage terminal in Fujairah, UAE.
The company is dedicated to enhancing its ESG performance across its operational ecosystem, reinforcing its commitment to sustainability.
The acquisition marks a significant step forward in JSW Infrastructure's vision to establish a pan-India logistics network and emerge as a leading integrated logistics player.
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