Uncertainty Looms Over JSW’s Rs 40,000 Crore EV Project: Will It Move from Odisha to Maharashtra?

The JSW Group, led by Sajjan Jindal, is reportedly considering relocating its Rs 40,000-crore electric vehicle (EV) and battery manufacturing project from Odisha to Maharashtra. According to media reports, the group is now eyeing cities like Aurangabad and Nagpur in Maharashtra as potential locations for this ambitious project. Original Agreement with Odisha Earlier this year, on February 10th, JSW signed a memorandum of understanding (MoU) with the Odisha government. The agreement included the establishment of an integrated EV and EV battery manufacturing facility in the state. The proposed project was…