JSW Group, a big Indian company, plans to spend a huge amount of money, around $4.82 billion, to start making electric cars and batteries in Odisha, a state in eastern India.

They’ve teamed up with the government there to make this happen. This move is part of their efforts to join the growing electric vehicle market in India, where only a small percentage of cars sold are electric right now.

With this project, they’re aiming to compete with both local and international companies.

This news comes from Reuters.


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