JSW Group Bengal Industrial Park to Attract Japanese and Korean Companies
JSW Group Bengal Industrial Park Plans to House Japanese and Korean Companies
West Bengal CM Mamata Banerjee in a conversation with JSW Group Chairman and MD Sajjan Jindal during the foundation stone-laying ceremony in Salboni, West Medinipur. | Photo Credit: ANI
The JSW Group Bengal Industrial Park will target Japanese and Korean companies looking to relocate amid ongoing US-China trade tensions, announced Chairman Sajjan Jindal on Monday. This strategic initiative will establish a plug-and-play industrial ecosystem alongside JSW Energy’s newly commenced 1,600 MW thermal power plant construction in Salboni, West Bengal.
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JSW Group Bengal Industrial Park: Strategic Attraction for Asian Companies
The JSW Group Bengal Industrial Park aims to capitalize on the ongoing tariff disputes between the United States and China, creating an opportunity to attract established manufacturing units seeking alternative locations. “We are trying to attract Japanese and Korean companies to set up units in the industrial park here. Especially after the US-China spat that is going on now, lots of Korean and Japanese industries, which are in China and export to the US, are looking for a home for themselves. We are going to attract them here,” explained JSW Group Chairman Sajjan Jindal during the power project’s foundation stone-laying ceremony.
“We are trying to attract Japanese and Korean companies to set up units in the industrial park here. Especially after the US-China spat that is going on now, lots of Korean and Japanese industries, which are in China and export to the US, are looking for a home for themselves.”
The planned 2,000-acre JSW Group Bengal Industrial Park will be developed as a model industrial ecosystem in the country, providing ready-to-use infrastructure for manufacturing companies looking to establish or relocate operations. This strategic positioning could significantly enhance West Bengal’s industrial landscape and create substantial employment opportunities in the region.
Power Plant Development and Investment
The industrial park development will run parallel to JSW Energy’s ultra-supercritical thermal power plant project, which was officially launched with the foundation stone ceremony attended by West Bengal Chief Minister Mamata Banerjee. The power project represents a significant investment of ₹16,000 crore and marks JSW Group’s first venture into the energy sector in Eastern India.
Key Facts About the Power Project
- 2×800 MW ultra-supercritical thermal power plant
- Total investment of ₹16,000 crore
- Located in Salboni, West Medinipur district
- JSW’s first energy sector venture in Eastern India
- Expected to benefit 23 districts in the region
The greenfield power project has been described by CM Banerjee as a “special type of eco-friendly initiative” and “the need of the hour,” highlighting the state government’s support for the JSW Group Bengal Industrial Park and associated power infrastructure development.
Target Industries for the Industrial Park
Jindal outlined several key sectors that the JSW Group Bengal Industrial Park aims to attract, specifically targeting Japanese and Korean companies with existing manufacturing operations. The focus industries include:
- Electronics manufacturing
- Electrical equipment production
- Refrigeration technology
- Transformer manufacturing
- Cell phone battery production
- Chemical manufacturing
These industries represent significant potential for technology transfer, skill development, and employment generation in the region. The JSW Group Bengal Industrial Park is strategically positioned to offer these companies the infrastructure, energy security, and business environment needed to establish successful operations.
Bengal Government Support for the Initiative
The West Bengal government, led by Chief Minister Mamata Banerjee, has shown strong support for the JSW Group Bengal Industrial Park and power plant initiatives. During the foundation stone-laying ceremony, Banerjee praised the project, calling it a “landmark” development. “This is a landmark project. I must congratulate the Jindal Group and all their officials,” she stated at the event.
The Chief Minister highlighted that the initiative would benefit 23 districts across the state, emphasizing the wide-reaching impact of the projects on regional development. This government backing is crucial for the success of the JSW Group Bengal Industrial Park, as it ensures administrative support and policy stability for potential investors.
Future Expansion Plans
Looking ahead, JSW Group has already outlined plans for further expansion at the Salboni site. According to Jindal, the group intends to add two more power units with 800 MW capacity each. This expansion would significantly increase the total power generation capacity and further enhance the attractiveness of the JSW Group Bengal Industrial Park to potential industrial tenants by ensuring reliable and sufficient power supply.
Strategic Advantages of the JSW Group Bengal Industrial Park
- Power Security: On-site ultra-supercritical thermal power plant
- Strategic Timing: Capitalizing on US-China trade tensions
- Government Support: Strong backing from West Bengal administration
- Plug-and-Play Infrastructure: Ready-to-use facilities for quick operational setup
- Expansion Potential: Plans for additional power capacity to support growing industrial needs
The JSW Group Bengal Industrial Park represents a significant step in India’s efforts to attract global manufacturing companies looking to diversify their production bases away from China. By providing modern infrastructure, reliable power, and strategic advantages, the park aims to establish West Bengal as a competitive destination for international industrial investment.
Published on April 21, 2025
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