What is the value of JSW Infrastructure's railway acquisition?

JSW Infrastructure acquired three JSW rail logistics companies for Rs 1,212 crore.

What schemes does JSW Infrastructure gain access to with the rail deal?

The acquisition grants access to Indian Railways' General Purpose Wagon Investment Scheme (GPWIS) and Liberalized Special Freight Train Operator (LSFTO) scheme.

What are JSW Infrastructure's future plans for its rail fleet?

JSW Infrastructure plans to scale its rake fleet from 25 to 45 by FY27 and to 110 by FY30.

Home / Business and Economy / JSW Infra Leaps into Railways with Rs 1,212 Cr Deal

JSW Infra Leaps into Railways with Rs 1,212 Cr Deal

8 Dec

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Summary

JSW Infrastructure acquired three rail logistics companies for Rs 1,212 crore.
The deal grants access to Indian Railways' GPWIS and LSFTO schemes.
JSW aims to expand its rake fleet to 110 by FY30.

JSW Infra Leaps into Railways with Rs 1,212 Cr Deal

JSW Infrastructure has made a substantial entry into the railway rake business through a Rs 1,212 crore acquisition of three JSW-owned rail logistics firms. This strategic expansion, executed via its subsidiary JSW Port Logistics, secures full ownership of JSW Rail Infra Logistics, JSW Minerals Rail Logistics, and JSW (South) Rail Logistics. The transaction is designed to be earnings per share accretive from the outset.

The acquisition provides JSW Infrastructure with immediate access to key Indian Railways initiatives, namely the General Purpose Wagon Investment Scheme (GPWIS) and the Liberalized Special Freight Train Operator (LSFTO) scheme. The company has already secured a fleet of 21 operational rakes, with four more expected, all possessing long-term licenses under these railway programs. This move builds upon JSW's prior acquisition of Navkar Corp in October 2024, which bolstered its last-mile logistics capabilities.