Mumbai-based port operator JSW Infrastructure is accelerating a multi-year expansion anchored by a strategic overseas foray into Oman and India’s east and west coasts, positioning the Gulf sultanate as a key node in its global growth plans, Business Standard reports.

Capital raise: JSW plans to raise capital through equity issuance to fund an integrated INR 390 bn (USD 4.7 bn) ports-and-logistics capex pipeline, as the company’s board approved a 250 mn share issuance.

Anchoring in Oman: JSW aims to scale up port capacity from 177 mn tons per annum (mtpa) to 400 mtpa by FY 2030. The firm is also developing greenfield port capacity to tap Middle East-India trade flows and diversify revenue beyond domestic assets. At the center of this shift is the USD 419 mn South Minerals Project in Dhofar — a JV with the state-owned Minerals Development Oman.

Why it matters: Unlike JSW’s existing operations in the UAE, where it manages 41 mtpa of dry bulk and a 465k cbm of liquid terminal in Fujairah under operations-maintenance and lease models, JSW will now hold a 51% majority stake in the Dhofar greenfield port. This gives the firm direct control over the mine-to-port exit for massive limestone and gypsum concessions.

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