JSW Group, Volkswagen begin talks to set up EV joint venture
Tue, Feb 20, 2024 12:45 PM

JSW Group, Volkswagen begin talks to set up EV joint venture

A Flip by Shubhangi Gupta
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JSW Group, led by billionaire Sajjan Jindal, is in talks with Volkswagen Group to form a joint venture for electric vehicle manufacturing in India. The two parties may enter into an exclusivity period soon to prevent negotiations with other potential partners. JSW has also signed an agreement with the Odisha government to invest ₹40,000 crore in an integrated EV and battery manufacturing project.

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