Tag: Parth Jindal

  • JSW Group replaces Daikin to become Delhi Capitals’ Principal Sponsor for IPL 2020

    JSW Group replaces Daikin to become Delhi Capitals’ Principal Sponsor for IPL 2020

    NEW DELHI: Indian Premier League franchise Delhi Capitals has announced JSW Group as its principal sponsor, which is the 50 per cent owner of the Delhi franchise, for the upcoming season which is going to be held in UAE between September and November 2020.

    JSW Group replaces Daikin Air-Conditioning who had been the Delhi franchise’s Principal Sponsors since 2015. 

    Delhi Capitals Chairman and co-owner Parth Jindal, who oversees the JSW group’s paints and cement business and is also part of the steel operations has agreed to be the new principal sponsor for the franchise.

    Jindal said, “We at the JSW Group see this as a tremendous opportunity to step in as Principal Sponsor for the Delhi Capitals. At the JSW Group we are rapidly growing and building each of our businesses to be the best in India and the world, whether it is our flagship Steel business or our other ventures in Energy, Infrastructure, Cement and most recently Paints. The fact that JSW is rapidly increasing its consumer facing businesses across steel, cement and paints also calls for the JSW brand to be more visible and there are few properties that garner the viewership of the IPL. 

    Speaking about his expectations on the team’s performance during the new season, he added, “The upcoming edition of the IPL will be different for more reasons than one. I have full faith in our team’s players and coaching staff to better the results of the previous year. I wish them all the very best as they prepare to depart for UAE.” 

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  • JSW Steel signs Indian cricketer Rishabh Pant as brand ambassador

    JSW Steel signs Indian cricketer Rishabh Pant as brand ambassador

    MUMBAI: JSW Steel, India’s leading steel producer and the flagship company of the $14 billion JSW Group, has signed Indian cricketer Rishabh Pant as its brand ambassador to promote its steel products which include JSW Colouron+ color coated sheets & JSW Neosteel TMT bars, for a three-year period.

    India, currently the second largest steel producer in the world, has embarked on a journey to enhance its steel manufacturing capacity from 142 MTPA to 300 MTPA by 2030 through the Indian National Steel Policy. India’s per capita consumption of steel currently stands at 74 Kg and is estimated to increase exponentially to 160 Kg by 2030. Compared with the world current average of 212 kg per capita, the tremendous scope and potential for growth is evident. In the last one and a half decades, Indian steel manufacturers have invested large amounts of capital in setting up state-of-the-art manufacturing facilities to produce high-end steel products to meet the exacting demands of the end-user industry. The continued growth of the Indian economy is expected to further boost India’s core economy industries with significant growth expected across infrastructure in the construction, real estate, capital goods, automobile and energy sectors. JSW Steel aims to play a significant role in India’s growth story. In its efforts to lead the growth, JSW Steel has embarked on a series of capacity expansion projects to reach 45 MTPA by FY30.

    According to Parth Jindal of JSW Group, “JSW Group’s philosophy – ‘Better Everyday’ guides us to positively improve all the lives we touch. It enables us to  hold a unique and differentiated place in the minds of our customers. Our continued focus on making high quality products and ensuring that they are easily accessible to consumers across India lets us to participate in building a modern India. As a brand we believe that we are young, hungry, fearless and world class, the same traits we see in Rishabh Pant. We are thrilled to have Rishabh as our brand ambassador and have no doubt that this partnership will be beneficial and increase the recall for the JSW Neosteel and JSW Coloron+ brands.”  

    Commenting on his association with JSW Steel, Rishabh Pant said, “I am very happy to partner with JSW Steel. I sincerely believe that this is the beginning of a very long and exciting association.  It makes me proud to partner with a world class company like JSW Steel whose leadership journey, innovative products and future-ready capabilities I have always admired.”

    JSW Steel director (commercial marketing and corporate strategy) Jayant Acharya adds, “We welcome Rishabh Pant to JSW Steel as our partner in growth. We believe that our association with Rishabh will help create greater awareness for our products as well as differentiate the high quality product portfolio of JSW Steel. Our new marketing campaign with Rishabh Pant intends to further strengthen the recall of our branded steel products among our business customers as well as end use consumers.”

    JSW Steel is planning an integrated marketing campaign for JSW Colouron+ & JSW Neosteel featuring Rishabh Pant, expected to Go-live by mid-February 2020. The marketing campaign has been conceptualised by Ogilvy & Mather and showcases product attributes whilst also featuring Rishabh Pant in an interesting and engaging way.

  • JSW acquires 50% stake in Delhi Daredevils

    JSW acquires 50% stake in Delhi Daredevils

    MUMBAI: Jindal South West (JSW) Group has acquired 50 per cent stake in Indian Premier League (IPL) franchise Delhi Daredevils (DD) from GMR Group promoters. DD is owned by GMR Sports, which is under ambit of the GMR Group.

    JSW Sports will hold 50 per cent stake in GMR Sports. The sale is subject to approval from BCCI and satisfaction of other customary conditions precedent.

    JSW cement MD Parth Jindal said, “We are very happy to announce this new partnership with GMR. This is something that we, as a group, are excited about and the DD team will add to our existing portfolio of sports investments. We look forward to bring our experience and expertise to take the team to new heights.”

    GMR corporate chairman Kiran Kumar Gandhi said, “This relationship between GMR and JSW opens up powerful synergy going forward for both the groups. It is symbolic of the immense potential for sports and cricket in particular in the region. After having nurtured the franchise for the last 10 years, we believe the time is right for us to take it to newer heights. We believe JSW as a partner will bring significant value to the franchise with their wealth of diverse experience.”

    This is the second major deal in the history of IPL in which an existing franchise has offloaded stake. In 2009, Raj Kundra and Shilpa Shetty had picked up 11.7 per cent stake in IPL franchise Rajasthan Royals for $16.3 million. Kundra has since exited the IPL franchise after being banned for life from IPL for indulging in betting.

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  • JSW portable slag cement TVC launched

    MUMBAI: ITW Playworx, the entertainment, media & communication arm of ITW Consulting, conceptualised and managed the launch of JSW Portable Slag Cement and celebration of Salboni Plant at Kolkata recently.

    JSW Cement MD Parth Jindal and his mother JSW Foundation chairman Sangeeta Jindal addressed the audience. Piyush Pandey and Shoojit Sircar were the guests of honour. The launch witnessed presence of the company chairman, senior management personnel and approximately 700 dealers from across West Bengal.

    Anupam Roy, an Indian lyricist, music composer and singer from Kolkata, unveiled the brand’s TVC campaign.

    JSW Cement VP – brand & strategy Rakul Akkara said, “JSW Cement’s entry will play a vital role in changing the profile of Bengal to the rest of India in a very positive way.”

    ITW Playworx CEO Sidharth Ghosh said, “We are looking forward to help the brand increase their network and reach out to new customers.”

  • Tata & JSW teams enter Indian Super League

    MUMBAI: Football Sports Development Limited (FSDL), a JV between IMG-Reliance & Star India — organiser of the Indian Super League, on 12 June, announced two winning bids for the Indian Super League, expanding it to 10 teams. The new entrants to the ISL 2017-18 seasons are: Tata Steel and Bengaluru FC.

    Bids were invited from 10 cities, namely Ahmedabad, Bengaluru, Cuttack, Durgapur, Hyderabad, Jamshedpur, Kolkata, Ranchi, Siliguri and Thiruvananthapuram with the organisers decided to include two teams to the new season. Impasse over the induction of Mohun Bagan and East Bengal into the football tournament continued as another round of talks with the AIFF did not yield any result. The two teams were adamant to not pay fees to be a part of ISL.

    Now, from ISL 2017-18 season their will be 10 teams playing for the Cup and it will be of a longer format as compared to the previous seasons.

    Two of India’s largest conglomerates, Tata Steel Ltd. – a US$ 18.12-billion company and subsidiary of Tata Group (US$ 103.51 billion 2015-16), and Jindal South West (JSW) Group – US$ 9 billion corporate, are now into the ISL fold.

    Tata Steel VP corporate services Sunil Bhaskaran, and TFA chairman said: “This is a momentous occasion for Tata Steel, which has always been a pioneer in the development of sports in the country, especially football. Our entry into the coveted Indian Super League reinforces our commitment to provide a fillip to the development of football in the country. We are extremely excited to have won the bid for our hometown Jamshedpur and will provide the best of facilities for football to prosper in the eastern part of our country.”

    JSW Group which owns the successful football club Bengaluru FC, through its subsidiary JSW Sports, won the right to participate in ISL from Bengaluru city. JSW Group has to its credit established professionally-run football club in I-League within a short period of three ears; winning the competition twice including in its debut year.

    JSW Bengaluru CEO Parth Jindal attributed JSW Group’s decision to bid for an ISL team to the “interest of long-term future of Indian football.”

    Jindal said, “We’re glad that our bid to be part of the ISL has been accepted. A lot of time and thought has gone into our decision of wanting to be part of the Indian Super League. The biggest factor has been the interest of the long-term future of Indian football. A longer league is the right road ahead.”

  • Bangalore FC to now focus on AFC Champions League

    Bangalore FC to now focus on AFC Champions League

    MUMBAI: Addressing the media formally for the first time, after beating Dempo 2-4 and going on to win the coveted I-League championships, Bangalore FC members have spelt their future course of action.

     

    Present for the press briefing held on Wednesday were Club CEO Parth Jindal, COO Mustafa Ghouse, coach Ashley Westwood, assistant coach Pradhyum Reddy, skipper Sunil Chhetri and team consultant Mandar Tamhane

     

    “This has been a fantastic journey for all of us at the club. The fact that we are I-League champions is yet to sink in. Things will only get bigger and better from here. When we started we were fighting with the All India Football Federation (AIFF) that we don’t get relegated. So, to come here as a champion, is unexpected. One thing is for sure, we are not going let go of the title soon. But for that we will have to improve and reinforce our team. We want to be the first India team to qualify for the AFC Champions League,” said Jindal.

     

    Westwood said it was an absolute honour to lead this team to the title. “Any championship title is a huge success. I wouldn’t compare it to anything else but it’s a fantastic honour and I am really proud and privileged to be the head coach. It’s right up there with the most successful things I have done throughout my career. It’s the greatest feeling in the world and I wouldn’t take any shine off it by comparing it with anything else,” said the Englishman when asked if this was his biggest achievement.

     

    With the winning title being taken, there is an individual award at stake which also could come to BFC. Well known Skipper Sunil Chhetri is tied top scorer on 14 goals and with the game against Sporting Clube de Goa left, he could well be on track to bag the award. “People have said that I play for the country but never turn up for clubs and I’m glad they do that. It only motivates me to perform better. There is the possibility of me ending up top scorer in the League and that says a lot,” said Chhetri who has been a revelation playing on the left, a position he has never operated from in his career.