JSW Energy, part of the Sajjan Jindal-led Jindal Group, signed a memorandum of understanding (MoU) with the Gujarat government on Tuesday to set up a Rs 4,000-crore electric vehicle-manufacturing facility in the state.
The plant will have the capacity to make 200,000 electric vehicles every year, said Manoj Das, principal secretary of the industry and mines department of Gujarat. “They would also manufacture batteries and other allied items (electrical storage solutions, charging infrastructure),” he added.
The MoU for the plant was signed in the presence of Chief Minister Vijay Rupani and other officials. The plant is likely to come up at Vanod