JSW Group confirms electric vehicle project in Odisha, not relocating to Maharashtra.

JSW Group has confirmed it will not relocate its ₹40,000 crore electric vehicle and battery project from Odisha, despite rumors suggesting a move to Maharashtra. The company signed a memorandum of understanding with the Odisha government in February 2024 for the project, which includes a 50 GWH battery plant and related manufacturing units. Odisha Industries Minister Sampad Swain stated the government is actively working with JSW to ensure the project's implementation.

September 24, 2024
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