Wednesday, May 20, 2026

JSW Motors ties up Rs 8,000 crore funding from India’s top bank

JSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from State Bank of India will fuel the development of a new greenfield manufacturing facility in Maharashtra. The venture aims to establish India's first homegrown new energy passenger vehicle brand in decades.

from Auto-Industry-Economic Times https://ift.tt/ywvaiRs

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...