JSW s agreement comes in the backdrop of Indian and global firms increasingly looking to adopt Chinese expertise in cost-efficient battery tech for electric vehicles.Ironically, efforts to reduce dependency on Chinese imports requires first obtaining advanced cell technology from China
The Godrej reorganization is marked by elegance and could serve as a model for others. Indian business groups should also examine models used in the West and East for ways to ensure that ambitions of gaining size and going global are not compromised in the process.
JSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in a production linked incentive (PLI) auction for new-age battery manufacturing capacity in India. The companies bid for a cumulative capacity of 70 Giga Watt hours (GWh), with sops available only for 10 GWh. Technical bids for Rs 3,620 crore of PLI were opened.
The National Law School of India University in Bengaluru received a grant from the JSW Group for the redevelopment of its academic block and establishment of the JSW Centre on the Future of Law . The grant will add four floors to the existing two-storeyed building and support research on the impact of technology on the legal system.
The sponsorship for the Indian Olympic Association this time will be double the amount they received for the Tokyo Olympics, iOS Sports’ Neerav Tomar said.