JSW Steel Inches Closer To Dream Of Building Electric Cars In India

Media reports have hinted that the Sajjan Jindal-owned JSW Group is set to seal a deal in the next few days to acquire a 49% stake in MG Motors India. While the Chinese SAIC-owned company is already manufacturing SUVs in India, the path ahead under the new management could be electric. Much before all this, Sajjan Jindal had revealed his plans to enter the Electric Vehicle (EV) market in an exclusive conversation with Business Today TV Managing Editor Siddharth Zarabi at Davos, Switzerland. Here’s a part of that big reveal.