JSW Group, which is in talks with MG Motor India to enter the EV space, is also working on a parallel plan to make its own electric vehicles, Chairman Sajjan Jindal said on Friday. Discussions are underway with MG Motor, Jindal said.
"We are extremely serious about entering the EV space. MG would be our preferred choice. If it happens, otherwise we are also working parallelly to develop our own EV cars," he said on the sidelines of B20 Summit India 2023.
EV is an area where the JSW Group must enter as it is the future and this is a good time to make a foray into this space, Jindal said.
In January, JSW Group Chief Financing Officer Seshagiri Rao had told.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.