JSW to soon finalise technical tie-ups for solo entry into EVs and batteriesJSW Group is about to finalize multiple technology partnerships to enter electric vehicle and battery manufacturing. The conglomerate is in...
18 Jan, 2025, 10.39 AM IST
JSW group in talks with Chinese biggies to charge up its EV driveJSW Group is exploring collaborations with Chinese companies like Geely and BYD to launch electric cars and e-trucks under its own brand by...
29 Dec, 2024, 11.57 PM IST
To fund expansion, Chinese electronics and auto companies like Xiaomi, SAIC and Haier in India tap reserves, loansSome like Haier and Midea Group are using a mix of cash reserves and loans including external commercial borrowings (ECBs), while financial...
26 Dec, 2024, 06.20 AM IST
China's Haier Group plans JV with JSW Group envisaging Rs 1K cr investmentChinese appliance giant Haier Group has submitted a proposal to the Indian government to form a joint venture with India's JSW Group. The p...
04 Nov, 2024, 03.14 PM IST
JSW Group, South Korea's Posco partner to set up steel plant in IndiaJSW Group and South Korea's Posco Group have signed an agreement to establish a 5 million tonnes per year integrated steel plant in India. ...
29 Oct, 2024, 11.27 PM IST
Intend to move away from conventional vehicles, focus on NEVs: JSW MG Motor Director Parth JindalJSW MG Motor India is shifting focus to new energy vehicles, launching the electric crossover 'MG Windsor'. The company aims for over 50% o...
11 Sep, 2024, 05.11 PM IST
JSW MG Motor to invest Rs 3,000 cr in India by 2025, to launch Cloud EV this festive seasonJSW MG Motor India is set to invest Rs 3000 crore by 2025 for capacity expansion and new product launches. The company aims to introduce 5 ...
18 Jul, 2024, 12.51 AM IST
MG 2.0: JSW MG Motor India sets wheels rolling to give India another 'Maruti moment'JSW Group and SAIC Motor-owned MG Motor India announced a joint venture to produce electric and internal combustion engine cars in India. W...
21 Mar, 2024, 08.10 PM IST
Sajjan Jindal looks to recreate iconic 'Maruti Moment' with JSW MG IndiaJSW MG, led by Jindal, targets selling a million NEVs by 2030 with Mumbai announcement. Plans include SAIC deal, Odisha investment, and foc...
20 Mar, 2024, 11.50 PM IST
MG Motor India anticipates accelerated growth path with JSW Group's investment, says CEO Emeritus Rajeev ChabaMG Motor India is poised for rapid growth with the backing of JSW Group as an investor, according to CEO Emeritus Rajeev Chaba. The company...
10 Mar, 2024, 11.58 AM IST
MG Motor India plans festive season launch for third electric car model amid growing market competitionMG Motor India is set to launch its third electric car model this festive season, aiming to strengthen its position in the growing electric...
17 Feb, 2024, 07.09 PM IST
MG Motor looking at rationalising trims, prices to boost volumes, says CEO Chaba“The idea is not to reduce prices but rather to pack features and offer vehicles at price points which will enhance the value proposition o...
02 Feb, 2024, 08.16 PM IST
CCI approves JSW's acquisition of up to 38% stake in MG Motor IndiaThe Competition Commission of India (CCI) has granted approval for the JSW Group's plan to acquire a maximum of 38% stake in MG Motor India...
23 Jan, 2024, 09.02 PM IST
MG Motor India to introduce seven new models in India in 2 yearsMG Motor India plans to launch seven new models in the Indian market over the next few years. Following its joint venture with the JSW Grou...
30 Dec, 2023, 12.26 AM IST
JSW, SAIC ink JV to run MG Motor operations in India"Our strategic collaboration with SAIC Motor aims to grow and transform the MG Motor operations in India with a focus on green mobility sol...
01 Dec, 2023, 06.36 AM IST
JSW Group to acquire 35% stake in MG Motor IndiaAs per the agreement reached between the two companies, JSW Group will acquire 35% stake in SAIC’s Indian subsidiary MG Motor India for an ...
30 Nov, 2023, 09.28 PM IST
Sajjan Jindal, SAIC set to drive MG Motor in India, finalises terms of agreementSajjan Jindal's private company to take up to 35% stake initially with option to go up to 49% and then 51% post IPO; Chinese ownership to f...
05 Oct, 2023, 06.36 AM IST