JSW Infrastructure has announced that one of its units has entered into an agreement with Minerals Development Oman and South Minerals Port Company to acquire a 51 percent stake in South Minerals Port. The deal strengthens JSW’s global port portfolio and enhances its strategic presence in the Middle East.
JSW Infrastructure Ltd., a leading Indian port operator, has revealed that its subsidiary has signed an agreement with Minerals Development Oman and South Minerals Port Company to acquire a controlling 51 percent stake in South Minerals Port. This acquisition marks a significant step in JSW’s international expansion strategy, reinforcing its footprint in the Middle East’s growing maritime and logistics sector.
The deal is expected to provide JSW Infra access to critical mineral handling infrastructure, aligning with its long-term vision of diversifying cargo operations and strengthening global connectivity. By partnering with Oman’s Minerals Development entity, JSW aims to leverage regional expertise while enhancing trade flows between India and the Gulf region.
Notable updates from the announcement include:
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JSW Infra unit to acquire 51 percent stake in South Minerals Port
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Agreement signed with Minerals Development Oman and South Minerals Port Company
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Acquisition strengthens JSW’s global port portfolio and Middle East presence
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Strategic move to diversify cargo handling and expand mineral logistics capabilities
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Deal expected to boost India-Gulf maritime trade and connectivity
This development underscores JSW Infra’s commitment to expanding its international operations and building a diversified, resilient port network.
Sources: Reuters, Economic Times, Business Standard