From Loss to IPO: How Parth Jindal Transformed JSW Cement

In this episode of Money Mindset, we sit down with Parth Jindal, the MD of JSW Cement.

Parth Jindal is the managing director of JSW cement and JSW Paints , he isn’t just the heir to one of India’s most powerful industrial empires
he’s the architect of its next chapter and the young leader of the $20bn JSW group, a leader ins steel, energy and infrastructure.

Parth took charge of JSW Cement—a struggling arm—and turned it into a growth engine.
He launched JSW Paints, challenging industry giants with bold innovation.
Today, he’s expanding into electric vehicles, defence, and sports

The feather in his cap is the JSW Cement IPO which is finally here

He Took over a loss-making company JSW cement, turned it profitable, and now, 9 year later, hes taking it public.
JSW Cement is one of the top-10 cement manufacturing companies in India

🎯 About Parth Jindal
Parth Jindal is an Indian businessman and heir to the 20 bln$ JSW group

He joined the JSW Group as an economic analyst in 2012 and also did a secondment with JFE Steel Japan for six months.
Prior to that, he worked with Falcon Edge Capital, a hedge fund in New York City. At JSW Group, he worked as an economic analyst, overseeing strategic projects.
As a result, he was instrumental in developing a new retail strategy for JSW Steel and turning around several of the group's loss-making subsidiaries, including JSW Cement and JSW Steel USA.

Parth Jindal was appointed managing director of JSW Cement in June 2014.
Upon taking charge of cement business, he changed business strategies, restructured the organisation, and appointed new executives.
By December 2021, the company was aiming to expand from 14 MPTA to 20 MPTA.[12]

JSW Cement currently makes two variants of Green Cement products – JSW Cement Portland Slag Cement and Concreel HD. Jindal revealed in August 2023 its plan to invest ₹18,000 crore in expanding its cement business

About the Money Mindset Podcast
Hosted by Sonia Shenoy, Money Mindset is a podcast that brings together top investors, business leaders, and financial experts to decode wealth-building strategies, investment philosophies, and money management tips. Whether you're an aspiring investor, a finance professional, or someone looking to gain insights from market veterans, Money Mindset offers engaging, insightful, and practical conversations to help you make informed financial decisions.

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