Tuesday, July 21, 2026

Volkswagen eyes JSW lifeline in India as group weighs majority stake

Volkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a stronger presence in India. JSW Group is reportedly seeking a majority stake in the venture. Several sticking points remain unresolved, including deal valuation and investment amounts. This potential agreement caps Volkswagen's years-long search for an Indian ally.

from Auto-Industry-Economic Times https://ift.tt/czErqi2

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