Project News | Project Update | Project Opportunities
Sajjan Jindal, the chairman and managing director of JSW Group, has revealed the company’s consideration of manufacturing batteries in India. However, no deals have been finalized yet, and JSW Group has not specified the particular product they are targeting. The move towards battery production aligns with the company’s renewable industry journey, as they recognize the vast potential of this sector.
Speaking at the World Entrepreneur of The Year 2023 event by Ernst & Young in Monte Carlo, Jindal expressed the company’s interest in entering the battery manufacturing space in India. While the details are still being worked out, JSW Group believes they have the necessary organization and capabilities to venture into this significant market.
The potential for battery manufacturing in India signals JSW Group’s commitment to renewable energy and their strategic focus on sustainable technologies. By exploring this avenue, they aim to contribute to the growth of the renewable sector and bolster India’s domestic manufacturing capabilities.
*Image used if any in this post is for illustration only
Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th June 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
Access Batteries sector projects, news, contracts and tenders from India in ProjectX India
ProjectX India helps you to identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract award, and tenders. ProjectX India provides you with actionable new project opportunities with contacts. The copy is delivered to you through email every fortnight. For subscription click here…
Click here to download an evaluation copy which covers new projects from India, ongoing projects from India, Contract Awards from India, Public Procurement opportunities from India. Talk to Sandeep Sharma on 877 927 9155 for subscription or advertising on this website and digital edition.