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

JSW Group is staking its EV ambitions on a 600-acre Sambhaji Nagar facility with 0.5M initial capacity scaling to 1M, backed by SAIC and Chery tech tie-ups and a $1.3B, 30 GWH battery plant. First bookings open Nov 2025 with deliveries from Dec 2025, directly challenging Tata and M&M in India's EV race.

— Source publishedMon, 8 Jun, 2026, 22:56 IST·First seen Mon, 8 Jun, 2026, 23:08 IST·Source Business Standard · Companies

What happened

JSW Motors · 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

Key facts

  • ₹18,000 crore investment
  • 600 acres
  • 0.5 million initial capacity
  • 1 million expanded capacity
  • ₹7,000 crore supplier investment
  • 15 models in 4 years
  • 30 GWH battery plant
  • $1.3 billion battery investment
  • 3,600 dealer applications for 100 slots
  • 4,790 EVs registered in May

Why this matters

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.