JSW Firm On Rs 40 k-cr EV Unit In Odisha

Bhubaneswar: The JSW group is not withdrawing its proposed Rs40,000 crore electric vehicle (EV) and battery project from Odisha, a senior company official said on Tuesday. The company’s announcement comes after a section of media reported that the JSW group plans to shift its EV and battery project from the eastern state to Maharashtra.

Asked about media reports, Ranjan Nayak, executive vice president of corporate strategy, office of chairman and managing director said, “we are not withdrawing the EV and battery project from Odisha.”