The JSW Group has refuted media reports suggesting that it is considering relocating its proposed Rs 40,000 crore electric vehicle and battery project from Odisha to Maharashtra. The company reaffirmed its commitment to the project in Odisha, despite delays in its implementation.
The Odisha government has also expressed its support for the project, stating that they are in ongoing discussions with JSW Group to finalize the details. The state government has approved a special incentive package for the project, which includes an EV vehicle and component manufacturing plant, a copper smelter, and a lithium refinery.
Despite the challenges faced by the project, JSW Group remains optimistic about its potential to contribute to the growth of the electric vehicle industry in Odisha. The company believes that the project will create jobs, boost economic development, and promote sustainable transportation in the state.
