JSW commits ₹18,000 cr to Sambhaji Nagar NEV plant, targets 1M capacity and 15 models by 2029
JSW Group is staking its EV ambitions on a 600-acre Sambhaji Nagar facility with 0.5M initial capacity scaling to 1M, backed by SAIC and Chery tech tie-ups and a $1.3B, 30 GWH battery plant. First bookings open Nov 2025 with deliveries from Dec 2025, directly challenging Tata and M&M in India's EV race.
JSW Group is investing ₹18,000 crore in a Sambhaji Nagar NEV plant with 0.5M-unit capacity, signing tech tie-ups with SAIC and Chery, planning 15 models across powertrains, a 30 GWH battery plant, and challenging Tata and M&M in India's EV market.