Indian cricketer Rishabh Pant has been appointed brand ambassador for the country's steel giant JSW Steel.
Pant will help promote JSW's steel products which include Colouron+ colour-coated sheets and JSW Neosteel TMT bars, for a three year period.
India, currently the second largest steel producer in the world, has embarked on a journey to enhance its steel manufacturing capacity from 142Mt/yr to 300Mt/yr by 2030 through the Indian National Steel Policy.
India’s per capita consumption of steel currently stands at 74 kg and is estimated to increase exponentially to 160 kg by 2030. Compared with the world current average of 212 kg per capita, the tremendous scope and potential for growth is evident, claims JSW.
According to JSW, in the last one and a half decades, Indian steel manufacturers have invested large amounts of capital in setting up state-of-the-art manufacturing facilities to produce high-end steel products to meet the exacting demands of the end-user industry. The continued growth of the Indian economy is expected to further boost India’s core economy industries with significant growth expected across infrastructure in the construction, real estate, capital goods, automobile and energy sectors.
JSW Steel aims to play a significant role in India’s growth story. In its efforts to lead the growth, JSW Steel has embarked on a series of capacity expansion projects to reach 45Mt/yr by 2030.
Parth Jindal commented, “JSW Group’s philosophy – ‘Better Everyday’– guides us to positively improve all the lives we touch. It enables us to hold a unique and differentiated place in the minds of our customers. Our continued focus on making high quality products and ensuring that they are easily accessible to consumers across India allows us to participate in building a modern India. As a brand we believe that we are young, hungry, fearless and world class, the same traits we see in Rishabh Pant. We are thrilled to have Rishabh as our brand ambassador and have no doubt that this partnership will be beneficial and increase the recall for the JSW Neosteel and JSW Coloron+ brands.”
Pant responded, “I am very happy to partner with JSW Steel. I sincerely believe that this is the beginning of a very long and exciting association. It makes me proud to partner with a world class company like JSW Steel whose leadership journey, innovative products and future-ready capabilities I have always admired.”
Jayant Acharya, director (commercial, marketing & corporate strategy) at JSW Steel added, “We welcome Rishabh Pant to JSW Steel as our partner in growth. We believe that our association with Rishabh will help create greater awareness for our products as well as differentiate the high quality product portfolio of JSW Steel. Our new marketing campaign with Rishabh Pant intends to further strengthen the recall of our branded steel products among our business customers as well as end-use consumers.”
JSW Steel is planning an integrated marketing campaign for JSW Colouron+ & JSW Neosteel featuring Pant. It is expected to go live by mid-February 2020. The marketing campaign has been conceptualised by Ogilvy & Mather and showcases product attributes while also featuring Pant in an interesting and engaging way.