JSW Infrastructure to buy 3 rail logistics arms for ₹1,212 crore

JSW Infrastructure is making a big rail push by buying three JSW group rake companies for ₹1,212 crore.

What’s happening: its wholly owned arm, JSW Port Logistics, has signed a Share Purchase Agreement to acquire 100% stake in JSW Rail Infra Logistics, JSW Minerals Rail Logistics, and JSW (South) Rail Logistics.

Quick refresher: JSW Port Logistics is the part of the group that helps goods move end to end across India, from ports and coastal shipping to warehouses, freight forwarding, and last-mile delivery.

Once the deal is done, these three firms will sit under JSW Infrastructure as step-down wholly owned subsidiaries, meaning they’ll be owned through another group company, not directly.

The why: this buy gives JSW Infrastructure a faster entry into key Indian Railways freight programmes like Indian Railways’ General Purpose Wagon Investment Scheme (GPWIS) and the Liberalised Special Freight Train Operator (LSFTO) scheme.

For context, GPWIS: A scheme where private firms buy rail wagons, lease them to Railways, and get assured usage plus freight incentives.

LSFTO: A scheme that lets private operators run freight trains by investing in wagons and paying Railways track and haulage charges.