JSW Motors has secured an ₹8,000 crore financing facility from the State Bank of India to support its new energy vehicle (NEV) business and upcoming greenfield manufacturing plant at Chhatrapati Sambhajinagar, Maharashtra. The long-term funding, with a tenure exceeding 10 years, will help build a scalable domestic EV manufacturing ecosystem focused on passenger vehicles, including PHEVs and REEVs.
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