Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

We won't support this browser soon. For a better experience, we recommend using another browser. Learn More


JSW to invest Rs. 4000 crore to make electric vehicles in Gujarat

September 27, 2017, 10:59 AM IST by Abhishek Nigam
JSW to invest Rs. 4000 crore to make electric vehicles in Gujarat

With automobiles heading for an electric future being a certainty, steps are already being taken to gear up for it. JSW Energy Ltd, a division of the Jindal Group, will invest nearly Rs.4,000 crore for setting up a manufacturing facility to make electric vehicles in Gujarat.

The plant, to be set up at Vanod near Dasada in Surendranagar district, will also manufacture electric batteries, electrical storage solutions and charging infrastructure. The facility is expected to generate 2,000 direct and 4,000 indirect jobs.

JSW has set an ambitious target of launching its own electric vehicle by 2020. While the company realises that it is venturing in a very competitive space, JSW bets on the growth of automobile industry, as well as level-playing field created due to disruption by electric vehicle technology.

The government is already in talks about making all cars in India electric by 2030 and will help facilitate the electric car effort by offering subsidies for a couple of years. Looks like the electric future will be here sooner than we think.
  • plant
  • electric
  • JSW
  • FaceBook Logo
  • Twitter Logo
  • Email Logo
Show CommentsHide Comments
bell icon
Never miss an update
Receive latest updates from CarWale
  • Upcoming Cars

Hyundai AuraHyundai Aura

21st Jan 2020

6L - ₹ 9L
Tata AltrozTata Altroz

22nd Jan 2020

6L - ₹ 8L
Tata Nexon FaceliftTata Nexon Facelift

22nd Jan 2020

7L - ₹ 11L
Tata Tigor FaceliftTata Tigor Facelift

22nd Jan 2020

6L - ₹ 7L
Tata Tiago FaceliftTata Tiago Facelift

22nd Jan 2020

4L - ₹ 7L
All Upcoming Cars
Buying a new Car?Leave a missed call1800 2090 230(Toll free)


Launching in...

  • 00DAYS
  • 00HRS
  • 00MINS
  • 00SEC
Know More

Select your city to avail offers

Currently available only in