JSW Group Stays Committed to Odisha for Electric Vehicle and Battery Project
JSW Group has confirmed that it is not moving its planned electric vehicle and battery manufacturing project from Odisha. This clarification came from Ranjan Nayak, Executive Vice President of Corporate Strategy at JSW Steel.
Earlier reports suggested a possible shift to Maharashtra. The project agreement was signed with the BJD government in February. JSW Group, a major Indian business house, operates in sectors like Steel, Energy, Infrastructure, and more.
Doubts Revealed
JSW Group -: JSW Group is a big company in India that works in different areas like making steel, producing energy, and building things.
Odisha -: Odisha is a state in eastern India, known for its rich culture and history.
Electric Vehicle -: An electric vehicle is a type of car that runs on electricity instead of petrol or diesel.
Battery Manufacturing -: Battery manufacturing means making batteries, which are used to store electricity for things like electric cars.
Ranjan Nayak -: Ranjan Nayak is a high-ranking official at JSW Steel, which is part of the JSW Group.
Executive Vice President of Corporate Strategy -: This is a top job in a company where the person helps plan big decisions and future projects.
Maharashtra -: Maharashtra is a state in western India, known for its big cities like Mumbai and Pune.
BJD government -: BJD stands for Biju Janata Dal, a political party that runs the government in Odisha.