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September 24,2024

JSW shifting from Odisha to Maharashtra for its Rs 40,000 crore EV project

Despite signing an initial MoU with Odisha government JSW plans to shift Rs 40,000 crore EV and battery storage project to Maharashtra with Aurangabad and Nagpur being the top contenders. The MoU signed was to develop advanced EV and battery manufacturing facilities in Cuttack and Paradip. Reports also suggests that JSW is in discussion with Volkswagen for a joint venture for EV manufacturing.

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