Corporate Grapevine     

Published: September 31, 2024
Updated: September 31, 2024

JSW’s e-car to upstage Tata Motors’ offering?

Sajjan Jindal of the JSW group is all set to rewrite the rules of the Indian auto industry.

The group has acquired MG Auto’s India business and has launched its first electric vehicle at a price of Rs 9.9 lakh, compared to Tata Motors’ Curvv EV at over Rs 17 lakh.

JSW plans to bring in new-tech cars from China, but has set aside an ambitious target to tap the Indian auto market.

In China, EVs have already taken over the market and account for more than 50 per cent of the total market, with petrol cars left with a smaller marketshare.

November 30, 2024 - Second Issue

Industry Review

VOL XVI - 06
November 16-30, 2024

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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