JSW Infra sets ₹8,000 crore logistics revenue target by FY30

JSW Infrastructure, India's second-largest private commercial port operator, is setting an ambitious target of ₹8,000 crore (₹80 billion) in logistics revenue by FY30.

According to the company's filing, its total logistics revenue for the current fiscal year (FY26) to be between ₹700 to ₹800 crores, with an expected EBITDA of around ₹100 crores.

This represents growth, as the logistics revenue grew from ₹131 crore in the previous quarter to ₹138 crore in the most recent quarter. The management noted that this year's expected logistics revenue range is equivalent to roughly 80-90% of the target range.

To achieve the ₹8,000 crore (₹80 billion) revenue goal, JSW Infra is building out a nationwide logistics grid that encompasses 25 to 30 centers across the country.

This network is strategically designed to capitalise on the diverse business locations of the JSW Group (Steel, Cement, Paints, etc.) by setting up railway sidings, storage facilities, and value-added services like bagging and stuffing.

A key recent development in this expansion is the successful resolution plan for NCR Rail Infrastructure under the insolvency process. JSW Infra announced in a note to the stock exchanges on July 10, 2025, that it had received a Letter of Intent (LoI) from the resolution professional on the same day.

The acquired asset, NCR Rail, owns and operates a Private Freight Terminal (PFT) in Khurja, Uttar Pradesh, featuring six rail lines. The facility's location is strategically vital, being approximately 90 kilometers from New Delhi and about 40 km from the upcoming Jewar Airport.

"This acquisition is strategically important as the location serves as a gateway to the NCR region and is situated near both the Eastern DFC and the Western DFC," the management explained.

Furthermore, the Khurja PFT includes two covered, fully constructed, and operational warehouses totaling about 0.2 million square feet. The acquisition also brings an important land bank of about 130 acres, which will be added to JSW Infra’s existing undeveloped land bank of over 100 acres upon execution of the resolution plan.

The core of JSW Infra’s logistics business model will rely on the anchor base of steel cargo, with plans to integrate ICDs (Inland Container Depots) and containers to secure high-value return cargo.