Marking its boldest foray into passenger cars, JSW Group launched JSW Motors which is focused on new energy vehicles.
JSW Group has announced its entry into the passenger car market through a new vertical, JSW Motors, with investments of up to $3 billion over the next five years. The Sajjan Jindal-led conglomerate will focus on new energy vehicles, with the first launches expected in the second half of FY26.
The company plans to roll out electric, hybrid and plug-in hybrid cars under the JSW brand, separate from its existing joint venture with China’s SAIC, JSW MG Motor India. Newly appointed chief executive officer Ranjan Nayak confirmed that JSW Motors is in advanced discussions with three to four companies in Italy, Germany, South Korea and China for design and development collaborations.
All vehicles will be manufactured in India, with investments earmarked for setting up a production facility, research and development, and related infrastructure. JSW’s automotive hub, spread over 630 acres, is under development at Bidkin in Chhatrapati Sambhajinagar, Maharashtra, and will serve as the core of its manufacturing operations.
The move marks JSW Group’s most ambitious push into the automotive sector and comes at a time when India is accelerating its transition towards sustainable mobility. With a sizeable investment commitment and global partnerships, JSW Motors is positioning itself as a new challenger in the fast-growing EV landscape.
