JSW One has commenced operations in the eastern region, which will be scaled-up pan-India over the next couple of years, said JSW Group
in its release today.
Currently JSW Group has 1,766 cement
dealers and 950 steel
dealers in eastern region of India. Out of these, only 110 dealers currently sell both steel
The initiative will derive synergies to benefit both the steel and cement businesses by streamlining and maximising the depth and expanse of JSW Group’s sales and supply chain network.
JSW One will also combine the Group’s expertise across product portfolio to provide comprehensive service capability to its customers.
“We have launched JSW One to leverage our Group’s distribution, supply chain and product synergies across both the steel and cement businesses. Through JSW One, we aim to alter the way we market our products to our customers. We already have a strong presence through our various businesses in eastern India, which can be leveraged to quickly scale up our combined offerings in this region,” the release quoted Parth Jindal, managing director at JSW Cement as saying.
JSW One enables the JSW Group to become a one-stop-solution for the consumer’s home-building requirements as well as benefit from the advantages of customer overlaps within the different businesses.
The JSW One initiative will also help channel partners of both the businesses to tap into new revenue streams through the cement and steel products.
JSW One has commenced operations with the cross-selling JSW Neosteel TMT rebars and cement portfolio to its channel partners. It will help expand the Group’s on-ground reach to bring JSW closer to its customers.
The marketing initiative offers an excellent opportunity to deepen the company’s penetration in the eastern market where brands are present and established, said the release.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.