JSW Group Announces Mega EV Battery Project
POWER & RENEWABLE ENERGY

JSW Group Announces Mega EV Battery Project

In a groundbreaking move towards a sustainable future, the Sajjan Jindal-led JSW Group has unveiled plans to establish a colossal Electric Vehicle (EV) and EV battery manufacturing project in Odisha. This significant development aims to bolster India's position in the rapidly evolving electric mobility sector.

The ambitious project aligns with the nation's commitment to reduce carbon emissions and promote green alternatives in transportation. With an investment in the range of millions, JSW Group is set to play a pivotal role in shaping India's electric vehicle landscape.

The strategic location in Odisha provides proximity to key resources and a burgeoning market for electric vehicles. This move not only fosters economic growth in the region but also reinforces JSW Group's commitment to environmental sustainability.

Key components of the project include cutting-edge battery technologies, research and development facilities, and large-scale production units. This holistic approach positions the initiative as a game-changer in the EV industry, paving the way for the mass adoption of electric vehicles in the country.

JSW Group's visionary project underscores the pivotal role of private enterprises in driving India's transition towards a cleaner, greener future. As the project takes shape, it holds the promise of not just economic prosperity but a sustainable and eco-friendly evolution of the transportation sector.

In a groundbreaking move towards a sustainable future, the Sajjan Jindal-led JSW Group has unveiled plans to establish a colossal Electric Vehicle (EV) and EV battery manufacturing project in Odisha. This significant development aims to bolster India's position in the rapidly evolving electric mobility sector. The ambitious project aligns with the nation's commitment to reduce carbon emissions and promote green alternatives in transportation. With an investment in the range of millions, JSW Group is set to play a pivotal role in shaping India's electric vehicle landscape. The strategic location in Odisha provides proximity to key resources and a burgeoning market for electric vehicles. This move not only fosters economic growth in the region but also reinforces JSW Group's commitment to environmental sustainability. Key components of the project include cutting-edge battery technologies, research and development facilities, and large-scale production units. This holistic approach positions the initiative as a game-changer in the EV industry, paving the way for the mass adoption of electric vehicles in the country. JSW Group's visionary project underscores the pivotal role of private enterprises in driving India's transition towards a cleaner, greener future. As the project takes shape, it holds the promise of not just economic prosperity but a sustainable and eco-friendly evolution of the transportation sector.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement