JSW Group

JSW MG Motor India is looking to increase localisation level of its flagship electric vehicle Windsor to over 70 per cent to reduce supply chain risks as it eyes a double-digit overall sales growth in 2026, according to company Managing Director Anurag Mehrotra. The Windsor EV, which has crossed cumulative wholesales of 75,000 units in 21 months since launch in October 2024, has become the company's growth driver. "As demand for Windsor continues to grow, we are focusing on increasing the localisation levels to over 70 per cent to reduce supply chain risks. The MG Windsor will continue to be one of our flagship products, enabling us to target a double digit growth by the end of this calendar year," Mehrotra told PTI. In 2025, JSW MG Motor India clocked total sales of 70,554 across its models. In June this year, Windsor clocked sales of 4,056 units. In the past 21 months it has clocked an average monthly sales of 3,700 units per, thus becoming a growth driver for the company. It is

JSW MG Motor India on Wednesday reported a 30 per cent year-on-year rise in wholesale sales at 7,568 units in June, its best-ever monthly sales. Electric vehicles continued to drive the growth, contributing over 75 per cent of the company's total sales in June 2026, JSW MG Motor India said in a statement. Rising fuel prices, lower EV running costs, and geopolitical uncertainties in West Asia further accelerated customer preference for electric mobility, it added. Commenting on the June sales performance, JSW MG Motor India Chief Commercial Officer, Vinay Raina, said it reflected steady demand across the portfolio and "marks our highest-ever wholesale performance, with electric vehicles continuing to account for a significant share of our overall sales". At the same time, he said, "We are seeing encouraging customer response to our ICE offerings, reinforcing the strength of our diverse product portfolio." The company said it has also commenced deliveries of its recently launched ..

Sajjan Jindal-promoted JSW Infrastructure's qualified institutional placement (QIP) received bids worth over Rs 50,350 crore, nearly seven times the indicative issue size of up to Rs 7,503 crore, according to merchant bankers handling the issue. The QIP, launched on June 22, witnessed strong participation from leading domestic and global institutional investors, suggesting robust appetite for the country's ports and logistics infrastructure story. The company planned to raise up to Rs 7,502.7 crore through a QIP of 23 crore fresh equity shares, alongside an offer for sale (OFS) of 3.32 crore shares by the promoter. At the floor price of Rs 285 per share, the fresh issue is valued at Rs 6,555 crore and the OFS at Rs 947.7 crore. The shares were offered at a floor price of Rs 285 apiece, representing a 7.2 per cent discount to the company's June 22 closing price of Rs 307.25 on the BSE. According to merchant bankers, the company plans to utilise the proceeds from the fresh issue to f

JSW Infra outperformed the market by surging 11% in the past week and rallying 20% in the past month.

The developer is seeking the five-year loan to fund an office project near Mumbai's Bandra business district

Having tied up with a Chinese company to produce cars, can JSW snag another such deal to make lithium-ion batteries?

JSW Group plans a 30 GWh lithium-ion cell plant with a joint venture partner, investing over $1.3 billion to localise battery production for its new energy vehicle business

JSW MG Motor India on Monday reported sales of 6,048 units in May 2026. The company did not provide comparable year-on-year figures for May, 2025. In a statement, the company said it is navigating supply chain challenges through resilient manufacturing and informed that dispatches of the recently launched flagship SUV MAJESTOR to dealers have commenced. "The company maintained its sales performance despite global supply chain disruptions, rising commodity prices, and a sharp increase in freight tariffs," JSW MG Motor India stated.

These are secondary investments, and the selling shareholders are angel investors

The impact of the Middle East conflict will not last more than two months, and India's growth story will continue with a lot of capital expenditure by industries, chairman of JSW Group Sajjan Jindal said on Saturday. Speaking to reporters on the sidelines of IIM Nagpur's tenth convocation, where he was the chief guest, he said industries focus on long-term plans. He responded to questions about his expectations for capex in 2026-27, and whether he sees sufficient demand that will encourage companies to invest due to the ongoing war involving the US, Israel and Iran. The Middle East conflict is little of a setback for India's industrial growth, he said. "However, everybody understands that this is temporary. It can get over in a week's time or a month's time, or in two months at the most," he said. The business leader said industries plan for the very long term, spanning 20, 25 or even 50 years. "So, India's growth journey will continue. A lot of capital expenditure is being made by

SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market

Partnership will focus on developing and deploying locally tailored electric vehicles as Uber expands its electric mobility push in India

India's demand for cement accelerated 6 per cent-7 per cent year-on-year in January and February due to strong growth, but moderated in March

JSW Energy on Monday announced the sale of 2.5 crore equity shares in JSW Steel for Rs 3,150 crore through a bulk deal on the National Stock Exchange of India Ltd on May 18. Post-transaction, the company's balance holding is 4,50,38,350 equity shares of JSW Steel Ltd, a regulatory filing said. According to the filing, the company has divested 2,50,00,000 equity shares (face value Re 1 each) of JSW Steel Ltd through a bulk deal on the National Stock Exchange of India Ltd on May 18, as part of a strategic liquidity release, realising gross proceeds of Rs 3,150 crore. The monetisation of a part of the shareholding in JSW Steel Ltd not only releases capital for pursuing the company's growth strategy but also improves return on capital employed, reinforcing the company's commitment to disciplined capital allocation and long-term value creation for shareholders, it added.

JSW Steel reported a marginal decline in April crude steel production as operations were impacted by the temporary shutdown of Blast Furnace-3 at Vijayanagar for capacity expansion

Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems

JSW Motors plans to set up at least four 'experience centres' across key Indian cities including Mumbai, New Delhi and Ahmedabad, before rolling out its debut product in the second half of the year

At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capacity of 6,000 MTPA. "We welcome the Ministry of Heavy Industries' forward-looking scheme to promote rare earth permanent magnet manufacturing, a crucial component for industries like EV, aerospace, defence, and consumer electronics. We are assessing the opportunity as this initiative aligns with our focus on critical minerals and presents a horizontal expansion opportunity," a Vedanta Spokesperson told PTI. On March 20, the heavy industries ministry invited bids for setting up manufacturing facilities for 6,000 metr

JSW MG Motor India on Wednesday reported a 19 per cent year-on-year rise in dispatches to dealers at 6,528 units in March. The wholesales for March reflected sustained momentum across its internal combustion engine (ICE) and new energy vehicle (NEV) portfolios, JSW MG Motor India said in a statement. The company said it will hike prices on the MG SELECT portfolio by up to 7 per cent, effective April 1, 2026, including flagship models such as the MG Cyberster and MG M9. Already, the company has announced a price increase of up to 2 per cent across its MG portfolio, effective April 1, 2026.

JSW MG Motor India on Monday said it will hike prices of select models by up to 2 per cent from April 1, 2026, to offset rising input costs. The price hike will be on the company's mainline portfolio and will not include premium EV products -- MG M9 and Cyberster -- sold through MG Select channel. "This price revision is aimed at partially offsetting the impact of continuously rising input costs," JSW MG Motor India said in a statement. At present, the company sells a range of internal combustion engine (ICE) and EV vehicles under its MG portfolio, from the Comet EV priced at Rs 4.99 lakh plus Rs 3.2/kmw for battery subscription and Rs 38.33 lakh for the top-end SUV Gloster.