Aims to achieve `10,000-crores in revenue by FY’27.
JSW One, part of the US $23-billionJSW Group, has announced the launch of JSW One TMT. The BIS-certified JSW OneTMT bars set new standards by offering customers 10X benefits in one TMT,including – best-in-class-rib design, superior chemistry, corrosion resistance,European technology, budget-friendly, higher flexibility and the ability to bend,enhanced structural strength, supreme concrete grip, uniform gauge anddimension, and heat/quake resistance, backed by JSW's legacy in steel.
According to Parth Jindal,Director, JSW One Platforms, JSW One TMT bars bridges the quality andperformance gap faced by consumers and construction companies. They address thechallenge of local non-standard TMT brands prevalent across regional markets,thus transforming the construction space.
Further, it improves efficiency inconstruction with the need for fewer rebars due to its higher strength, leanerconstruction, and reduced concrete requirements, resulting in faster barplacement and lighter crane loads. The innovative design also translates intosignificant cost savings for customers through lower consumption of TMT bars,resulting in slimmer columns and more interior floor space and carpet area.
“We have seen various gaps in the market where our customers struggle tofind high-quality TMT at affordable prices. Non-standard and non-confirmingproducts have engulfed the market. It is here that we, at JSW One, see a largemulti-billion dollar opportunity,” says Parth Jindal. “To address this, we have createdthe private brands business. JSW One TMT is our first private brand product,and we expect to launch more such products in due course.”
Gaurav Sachdeva, CEO of JSW OnePlatforms said, “Over thelast three years, we have expanded our business in 18 states across India andhave 50,000 registered customers across manufacturing, construction, andinfrastructure segments. As we expand our catalogue with third party brands, welaunched the Private Brands business earlier this year to create standardisedand quality products for our customers. We've launched JSW One TMT as our firstproduct as we realise that customers struggle with a reliable TMT brand meetingBIS standards across the country. JSW One TMT is a corrosion-resistant, budgetfriendly rebar that provides best-in-class-rib design, superior chemistry, andhigh flexibility and bendability.”