menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Sajjan Jindal is betting JSW’s steel fortune on cars

49 0
03.09.2026

After JSW entered into a joint venture with MG Motor India, the management style has increasingly diverged from what it used to be at the automaker, according to executives. 

This is because Sajjan Jindal, even as a 35% shareholder in MG India, has sought to put his stamp on the company, rather than remain just a financial investor. Earlier this week, Jindal’s son Parth Jindal was named chairman of JSW MG Motor India. 

The investment itself, which JSW bought for over Rs 3,500 crore in 2023, has not turned in any financial returns yet. But it has done........

© The Ken