JSW Group Eyes More EV Partnerships, In Talks with Geely

31 Dec 2024 CW Team

JSW Group, the diversified steel-to-paints conglomerate, is in talks with several major automakers to expand its presence in the Indian electric vehicle (EV) market. Among the original equipment manufacturers (OEMs) JSW is negotiating with is Chinese auto giant Geely. The company is reportedly keen to launch multiple EV lineups, spanning both passenger and commercial vehicles.

JSW’s pursuit of additional partnerships stems from its aggressive strategy in the automotive sector. The joint venture with SAIC, forming JSW MG Motor India in 2023, is not exclusive, allowing JSW to seek new partnerships in various vehicle segments. The fact that SAIC did not offer JSW a majority stake in MG could be a factor in the company's decision to explore other opportunities.

Currently, JSW holds a 35% stake in MG Motor, while Everstone Capital owns 8%, and the remaining 49% is held by SAIC.

Infrastructure Transport

01 Sep 2025

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..