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JSW commits ₹18,000 cr to Sambhaji Nagar NEV plant, targets 1M capacity and 15 models by 2029

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JSW's 600-acre, ₹18,000 cr Sambhaji Nagar build-out with 15 models by 2029 sets a manufacturing tempo that forces operators to re-baseline EV throughput, dealer-network density, and battery-supply assumptions immediately.

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The report,

JSW Group is investing ₹18,000 crore in a Sambhaji Nagar NEV plant with 0.5M-unit capacity, signing tech tie-ups with SAIC and Chery, planning 15 models across powertrains, a 30 GWH battery plant, and challenging Tata and M&M in India's EV market.

Reported figures

From the report. Source details below

3,600 dealer applications for 100 slots

Also in the report

  • ₹7,000 crore supplier investment
  • $1.3 billion battery investment
  • 4,790 EVs registered in May

Other figures

  • 600 acres
  • 15 models in 4 years

Why it matters to operators

JSW's vertically integrated NEV play—pairing 30 GWH cells with a 1M-unit assembly footprint—reshapes the partnership map for component suppliers, charging networks, and any OEM weighing a China-tech licensing route into India.

The source

Source Read the source at Business Standard

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