JSW and MG Motor to Invest Rs.30 Bn for EV Launch by 2025

22 Jul 2024 CW Team

JSW Group and MG Motor India have announced a substantial investment of Rs.30 billion in India, with plans to launch their new electric vehicle (EV), the Cloud EV, during the upcoming festive season. This strategic investment underscores their commitment to expanding the EV market in India and advancing the country's green mobility goals.

The partnership between JSW and MG Motor aims to accelerate the development and production of electric vehicles, leveraging JSW's expertise in manufacturing and MG Motor's automotive innovation. The investment will be directed towards enhancing manufacturing capabilities, establishing a robust EV supply chain, and expanding the distribution network.

The Cloud EV, which is set to debut this festive season, represents a significant step forward in the evolution of EV technology. It is expected to feature cutting-edge technology and advanced battery systems, positioning it as a competitive offering in the growing Indian EV market.

This investment is part of a broader push to promote sustainable transportation solutions in India. Both companies are focusing on reducing the carbon footprint and supporting the government's initiatives to foster green energy and reduce vehicular emissions.

JSW and MG Motor's collaborative effort reflects a growing trend among major industrial players to invest in the renewable energy and electric vehicle sectors. The successful launch of the Cloud EV and the accompanying investment will contribute to India's transition towards a more sustainable and technologically advanced transportation infrastructure.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..