The group has already made significant investments to enter electric vehicles and EV battery business
JSW Motors also highlighted plans to invest $3 billion over five years to develop and make electric, hybrid, and plug-in hybrid cars in India. Under the partnership, KPIT will set-up a dedicated center of excellence for JSW Motors.
The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector
JSW plans to become single-largest shareholder as its Chinese partner SAIC Motors limits its India investment
JSW Group is in talks with global lenders to Rs 4,000 crore to fund the deal
The deal, if concluded, would significantly expand JSW's footprint in the domestic paints sector, where it operates through JSW Paints, a relatively recent entrant
The company unveiled 'Strategy 3.0' targeting 30 GW of generation capacity by 2030 along with 40 GWh of energy storage, up from the previous goal of 20 GW generation capacity.
India has multiple renewable power projects along the country's border with Pakistan, especially in Gujarat and Rajasthan, as well as key ports on the western coast
The companies on whom this mandate will be applicable include Reliance Green Hydrogen and Green Chemicals, L&T Energy Green Tech, Waaree Clean Energy Solutions, JSW Neo Energy, Welspun New Energy and ACME Cleantech Solutions, among others.
At the end of the day’s session of Bengal Global Business Summit (BGBS), Chief Minister Mamata Banerjee said Jindal was keen on upgrading Andal airport into an international airport.
Speaking to Moneycontrol in Davos, Parth Jindal confirmed that JSW Cement is poised to become the group’s fourth listed entity.
'Everybody is threatened and feel that if they don't put tariffs, then their industry is going to shut down," Jindal has said
The initial share sale would be the cement sector's first major offering since Nuvoco Vistas' Rs 5,000 crore IPO in August 2021 and comes at a time when the segment is witnessing an m&a tussle between the Birla group and the Adani group.
Sajjan Jindal, Chairman and Managing Director of JSW Group, plans to revolutionise the Indian electric vehicle (EV) market by focusing on indigenising EV technology to better align with the unique needs of Indian consumers. Speaking exclusively to Moneycontrol, Jindal said the group will establish dedicated R&D and design centres over time, aiming to indigenise and localise EV technology to cater specifically to the Indian market.
Sajjan Jindal called the collaboration a 'significant step' forward for the group, adding that India presents "tremendous opportunities" for sustainable growth.
With this expansion, the plant’s total capacity has increased to 6 MTPA, and the overall installed grinding capacity of JSW Cement has gone up to 20.6 MTPA
Asked about media reports, Ranjan Nayak, executive vice president of corporate strategy, office of chairman and managing director said, "We are not withdrawing the EV and battery project from Odisha".
The company, which on Wednesday launched its electric crossover utility vehicle 'MG Windsor' — the first launch after JSW Group invested in MG Motor India — has set a target to introduce a new car every four to six months and is eyeing over 50 percent of its total sales to come from electric vehicles in 2024.
In 2023-24, India imported 8.3 million tonnes of steel, which exceeded exports of 7.5 million tonnes
One of the two Indian conglomerates may acquire a 15-20% stake in Skoda Auto Volkswagen’s Indian operations. The partnership is expected to boost Skoda’s distribution network and production capabilities in India
As per the partnership, JSW MG Motor India customers will be able to leverage Shell's wide fuel station network across the country for vehicle charging.
Analysts believe that with its latest portfolio priced up to Rs 35 lakhs, MG is well-positioned to compete directly with its rivals, as plug-in hybrids are seen as a practical choice due to current limitations in charging infrastructure
In the run-up to the listing, Sajjan Jindal-led JSW Group will increase its stake in JSW MG Motor India from 35 percent to up to 51 percent at regular intervals
The JSW Group firm, which aims for Rs 5,000 crore revenue in the next two years, is expanding its retail presence in the home decorative business and adding more products in the industrial coating business, company's Joint Managing Director & CEO Sundaresan AS said.
The company plans to spend Rs 20,000 crore on capex in FY25, funded mainly by cash generation. It does not plan to raise funds via equity issue, like group company JSW Energy.