Jsw

JSW MG Motor sales rise 19% to 6,528 units in March, plans price hikes

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 to hike prices by up to 2% on select models from April 1

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.

JSW Motors partners Dassault to accelerate EV design and manufacturing

JSW Motors has partnered Dassault Systemes to deploy a digital platform to accelerate EV design, engineering and manufacturing as part of its broader automotive push

JSW MG Motor bets on non-metros to accelerate sales of EV Windsor

With 70 per cent of its best-selling electric vehicle model Windsor coming from non-metros, JSW MG Motor India is stepping up efforts to accelerate sales by leveraging the opportunity through increased awareness, according to a senior company official. The MG Windsor has clocked cumulative sales of about 65,000 units since its launch in October 2024. Of the total sales of the model, four metros -- Delhi, Mumbai, Kolkata, and Chennai accounted for 30 per cent and rest of India contributed to 70 per cent. Commenting on the trend, JSW MG Motor India Chief Commercial Officer, Vinay Raina said EV sales were initially concentrated in metro cities, largely due to limited awareness and the absence of products that truly appealed to the masses. "The introduction of the MG Windsor changed this dynamic and became a key enabler of rapid EV adoption in non-metro cities. It was the right product at the right time -- encouraging customers in these markets to experience a sustainable driving option

JSW unit seeks govt help to secure gas supply amid Iran war shortage

India's small steel producers have warned of production halts due to gas shortages, Reuters reported earlier

JSW Steel to develop coking coal mine in Mozambique for long-term supply

JSW Steel will develop Minas de RevuboA coking coal mine in Mozambique in phases, a company statement said. Located in the Moatize coal basin of the Tete Province, Minas de RevuboA has 850 million tonne (MT) of reserves, and the potential to yield 250 MT of usable coking coal. JSW Steel said it will develop the mine in phases, with the first phase expected to be developed over the next 2.5 years to produce 2.4 million tonne per annum (MTPA) prime hard coking coal. The project is a step towards JSW Steel's backward integration strategy and is expected to provide long-term supply assurance for one of the most critical and cost-intensive inputs in steel manufacturing. India's domestic premium coking coal resources remain limited, making captive overseas sourcing a strategic imperative. "As we grow to 50 MTPA steel capacity in India by 2030, we hope that this asset will provide strategic and diversified raw material security and cushion JSW Steel against volatile global coking coal ..

Akzo Nobel India gets regulatory approval to change name to JSW Dulux

Paints and coatings maker Akzo Nobel India, in which JSW Paints has acquired majority shares, has received approval from Ministry of Corporate Affairs (MCA) to change its name to JSW Dulux. The ministry has approved the name change and granted a fresh Certificate of Incorporation with new name JSW Dulux, according to a regulatory filing from the company. "We wish to inform you that MCA has issued a fresh Certificate of Incorporation pursuant to change of name (dated 11th March 2026) thereby approving the change of name of the company from "Akzo Nobel India Ltd" to "JSW Dulux Ltd" effective 11th March 2026," it said. Following this, the Memorandum of Association and Articles of Association of the company stand consequently amended and altered to reflect the new name of the company as "JSW Dulux Ltd", it added. On December 10, 2025, JSW Paints, part of the USD 23 billion JSW Group, acquired 60.76 per cent shareholding in Akzo Nobel pursuant to the share purchase agreement between JSW

IBBI pushes transparency as CoC decisions in bankruptcy cases draw scrutiny

Recent proposals by the insolvency regulator aim to increase transparency and accountability in the Committee of Creditors' decisions after the Supreme Court flagged gaps in the IBC process

JSW Infra approves equity fundraise to fuel growth, meet MPS norms

JSW Infra will raise up to 25 crore equity shares to support expansion and comply with Sebi's 25% public shareholding rule, as it targets 400 MTPA capacity and major logistics investments

JSW MG to launch four models in 2026, to invest between ₹3k cr-₹4k cr: MD

The new models include a plug-in hybrid, an electric vehicle, the Majestor SUV and one additional model yet to be disclosed

SAIC India to invest up to $440 mn on expansion, deepen bet on hybrids, EVs

The loss-making carmaker has struggled to grow ​its presence in India after New Delhi in 2020 sought to limit investments from Beijing

JSW Motors warns of delay in first car launch over China parts licence

JSW Motors is investing $3 ​billion in its carmaking venture and plans to make hybrid and electric vehicles in the western state of ‌Maharashtra

JSW Steel will invest over ₹2 trillion by FY31, says Jayant Acharya

JSW Steel bets on India's demand story, plans over ₹2 trillion capex and 56 mt capacity by FY31 amid global trade barriers and price volatility

JSW Steel Q3FY26 results: Net profit surges 198.3% to ₹2,139 crore

JSW Steel's Q3FY26 net profit jumped nearly three-fold to ₹2,139 crore, driven by a one-time tax gain from the Bhushan Power-JFE Steel joint venture

JSW Infra Q3 results: Profit grows 9% to ₹359 crore amid higher revenue

JSW Infrastructure's Q3 FY26 profit rose 8.9% on higher port volumes and revenue growth, though earnings missed analyst estimates

JSW MG Windsor emerges as India's best-selling EV in 2025 with 46,735 units

The 2025 leaderboard also saw the entry of the Mahindra & Mahindra XEV 9e, which took the second spot with about 27,700 units

Pax Silica snub: India must develop its own mineral reserves, says Jindal

Days after a US-led 'Pax Silica initiative' excluded India from the rare earths alliance, JSW Group Chairman Sajjan Jindal on Friday called for increased focus on domestic exploration of minerals. Jindal, who leads the USD 23 billion conglomerate having interests in steel and also electric vehicles, said India has sufficient reserves of rare earths. "We have a lot of rare earth in our country. We have not worked on it very diligently. So therefore, we have not explored the rare earth mineral wealth in our country," he said. "But now, after the shock we got from China, I think the country is sincerely working to see that we develop our rare earths," Jindal added. On the country's exclusion from the Pax Silica initiative, he suggested that developing our own strengths is the way forward. "India has to develop its own. Atmanirbhar Bharat is a very important aspect and we have to (work)," Jindal told reporters on the sidelines of the World Hindu Economic Forum here. It can be noted t

JSW MG, Tata Motors take small-car relief dispute under CAFE-3 to PMO

The Corporate Average Fuel Efficiency (CAFE) framework sets fleet-wide carbon dioxide emission targets for automakers

JSW Paints completes majority buy in Akzo Nobel India; stake at 61.2%

JSW Paints has completed the acquisition of 60.76% in Akzo Nobel India from Akzo Nobel N.V. and affiliates, taking its holding to 61.2% after buying an additional 0.44% via an open offer

Debt reduction, JV benefits with JFE seen as positives for JSW Steel

JSW Steel's BPSL restructuring and its 50:50 JFE JV signal major deleveraging and a cleaner structure, adding tech benefits even as consolidated operating profit is expected to moderate