JSW Infrastructure, India’s second-largest commercial port operator and part of the JSW Group, on Thursday announced the acquisition of a brownfield rail siding in Kudathini, Ballari (Karnataka). The deal, executed through its wholly owned subsidiary JSW Port Logistics Private Limited, is valued at around ₹57 crore.
The 86-acre site was previously owned by Hothur Ispat Private Limited. JSW Infra said the facility will be developed into a state-of-the-art Multi-Modal Logistics Park (MMLP), featuring modern land infrastructure, container handling systems, a Rail Freight Terminal (RFT), and a fully equipped Inland Container Depot (ICD).
Commercial operations at the Kudathini facility are expected to commence within six months, with a phased scale-up thereafter. The company has earmarked a total capital expenditure of about ₹380 crore for the project, including the acquisition cost, which will be deployed over the next few years.
“The company aims to develop a robust ecosystem of rail-linked terminals and enhance multimodal connectivity through container rail services across strategic industrial corridors,” JSW Infrastructure said in a statement.
The port operator already runs rail-linked terminals in Panvel (Maharashtra) and Morbi (Gujarat), with another Gati Shakti Terminal under construction at Arakkonam near Chennai (Tamil Nadu). The Kudathini project, JSW said, will strengthen its ambition of building a pan-India logistics network and positioning itself as an integrated logistics player.
On Thursday, shares of JSW Infrastructure closed flat at ₹314.55 on the BSE, against the previous close of ₹313.80. The company’s market capitalisation stood at ₹66,055 crore.
JSW Infrastructure is engaged in developing, operating, and maintaining port services and related infrastructure. Its services include marine operations such as piloting and mooring, as well as stevedoring and cargo handling through mobile harbour cranes and ship unloaders.
