The highlight of the issue is the rise of homegrown steel-to-cement major, the USD 23 billion-JSW Group that has made a USD 10 billion bet to make its much-awaited entry into the Indian auto market with MG Motor India.
04 Apr 2024 | 1140 Views | By Chandan B Mallik
This 64-page edition is yet another exhaustive collection of news developments, analysis, feature stories, and exclusives.
The highlight of the issue is the rise of homegrown steel-to-cement major, the USD 23 billion-JSW Group which has made a USD 10 billion bet to make its much-awaited entry into the Indian auto market with MG Motor India. We deep dive into the newly formed joint venture and try to understand its likely impact in the ecosystem and also JSW MD Sajjan Jindal’s ‘Maruti moment’ where he wants the company to introduce new energy vehicles. The group has set itself an audacious goal of selling over one million new energy vehicles i.e. EVs, hybrids and plug in hybrid vehicles by the end of the decade.
The government has announced a new electric vehicle policy, effectively paving the way for EV maker Tesla’s entry into the country.
As the country prepares for the forthcoming elections, the Centre has announced an interim support package of Rs 500 crore for electric two-wheelers and three-wheelers. We have a detailed report on both these policies
As part of Autocar Professional’s effort to bring you the best views and opinions from the automotive ecosystem, we have started a new initiative called Inner Circle. The programme engages and deliberates with the best voices of the industry on an array of subjects that matter. In our first event that was held in Pune and Bengaluru, we delved deep into the world of electric vehicle start-ups and discussed the issues and major factors driving their growth and performance.