JSW Group enters paints business, Parth Jindal to be MD

Sajjan Jindal-promoted JSW Group, which operates India's second-largest steel company, has entered the paints business under the JSW Paints brand. Sajjan Jindal's son Parth Jindal, who currently heads JSW Cement, will be the MD of JSW Paints. The company has been set up with an initial investment of ₹600 crore and is aiming for revenue of ₹2,000 crore in 2021-22.