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Published: February 15, 2024
Updated: February 15, 2024
The JSW group is in an aggressive mode to invest across the country after its chairman Sajjan Jindal made news for all the wrong reasons. The group announced an investment of Rs 40,000 crore in an electric car business which includes commercial vehicles.
Insiders say projects by Indian companies are announced just before elections and there is no guarantee that these projects will see the light of day. Just before the Gujarat elections, Vedanta announced a massive $20 billion semi-conductor project, but as soon as the elections were over the project was terminated.
Reliance and Adani have also announced projects worth billions of dollars which are spread over the next 10 years. Interestingly, just before elections are announced, similar large-sized projects tend to be announced by state governments so as to grab headlines, but very few projects see the light of day
February 15, 2025 - First Issue
Industry Review
VOL XVI - 10
February 01-15, 2025
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