Is JSW Motors Buying a Major Stake in Volkswagen India? Here’s What We Know
India’s automotive industry could be on the verge of one of its biggest corporate developments. According to a Bloomberg report, the Sajjan Jindal-led JSW Group is in advanced discussions to acquire a stake in Skoda Auto Volkswagen India Pvt Ltd, with the deal potentially giving the conglomerate a majority holding in Volkswagen AG’s India business.
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