A fundamental limitation of the growth of Indian logistics is the availability of transportation equipment. India’s growing shipyards continue to focus on larger vessels for export, and rail wagon manufacturers continue to face difficulties in scaling up to meet the growing needs of Indian Railways and private sector operators. By leveraging the OP Jindal group’s strong industrial experience, Jindal ITF expects to bring together the steel supply chain, the manufacturing expertise, and the financial muscle required to set up large-scale fabrication units, primarily in western Gujarat, with focus on production of transport equipment designed for the domestic Indian marketplace.
With this objective in mind, the group has floated two ventures: