TL;DR
JSW Group is preparing to launch its own brand of electric and hybrid cars in India by late 2026, aiming for indigenous manufacturing and seeking global technology partners.
JSW Group is poised to make an independent entry into the Indian automotive market with its own brand of electric and hybrid vehicles by the end of 2026. This move follows JSW's existing 51% stake in a partnership with MG Motor India, which began in 2023. The company aims to establish an indigenous manufacturing base for its new vehicle line, focusing exclusively on clean energy powertrains.
Group Chairman Sajjan Jindal indicated that JSW Motors, the new passenger vehicle division, is actively seeking technology partnerships globally, including from China, Germany, and the UK, to integrate advanced automotive technologies. JSW also plans to increase its shareholding in MG Motor India to gain greater control. The company is considering manufacturing its own lithium-ion batteries at its Nagpur facility to power both passenger and commercial vehicles.
This strategic expansion highlights JSW Group's ambition to become a significant player in India's rapidly evolving electric vehicle landscape, currently dominated by brands like Tata Motors, Mahindra, and MG Motor India. With major automakers like Maruti Suzuki and Hyundai also planning substantial EV launches, JSW's entry is set to intensify competition and accelerate the shift towards sustainable mobility in the country.
