JSW and Skoda-VW Sign MoU for India Joint Venture

JSW Group and Skoda Volkswagen India have signed a non-binding MoU to form a 51:49 partnership in the Indian market.

The companies are targeting a final, binding agreement by the end of 2026 to solidify their collaborative automotive strategy.

This partnership aims to leverage JSW's local presence and Skoda-VW's technical expertise to expand their footprint in India.