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JSW Cement Goes Global: New UAE Subsidiary to Drive ₹325 Crore Expansion

Company Incorporates Fujairah Entity with AED 1 Lakh Capital; Plans 1.65 MTPA Grinding Unit

ByTop10Stocks Team
JSW Cement Goes Global: New UAE Subsidiary to Drive ₹325 Crore Expansion
In a strategic push to expand its international footprint, JSW Cement, a part of the diversified JSW Group, has officially incorporated a new wholly-owned subsidiary in Fujairah, UAE. The new entity, established with an initial share capital of AED 1 lakh (approximately ₹22.7 lakh), is the vehicle for the company’s ambitious foray into the Middle Eastern construction market. The move follows the company’s recent Q3 FY26 board approval, signaling its intent to build a local manufacturing base to cater to the booming infrastructure demand in the Gulf Cooperation Council (GCC) region.