JSW Group to invest $4.8 B in EV projects in Odisha

JSW Group is set to invest INR 400 Billion (USD 4.81 Billion) in electric vehicle (EV) manufacturing projects in Odisha. The group will invest INR 250 Billion in an EV battery manufacturing plant and an EV components plant in the first two phases of its plan.In a third phase, the conglomerate plans to invest INR 150 Billion to set up an EV components manufacturing complex.