JSW Group plans a Rs 40,000 crore EV/battery project in Odisha, creating 11,000 jobs and enhancing Indian EV capabilities.

From the information, JSW Group, a leading Indian conglomerate, is set to invest Rs 40,000 crore in an integrated electric vehicle (EV) and battery manufacturing project in the state of Odisha. The project will create over 11,000 jobs and is expected to enhance Odisha's industrial landscape while significantly contributing to India's EV manufacturing capabilities. The project is anticipated to consist of a 50 GWH EV battery plant, EVs, lithium refinery, and a copper smelter along with related component manufacturing units.

February 09, 2024
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