Скачать или смотреть Why JSW Shifted Its MEGA Project from Odisha to Maharashtra?

JSW Group has decided to shift its ₹40,000 crore mega project from Odisha to Maharashtra due to the BJP.

In February 2024, JSW Group had signed a Memorandum of Understanding (MoU) with the Odisha government.

The company had planned to establish electric vehicle manufacturing units, a 50 GWh battery plant, electric powertrains, and a lithium refinery in Cuttack and Paradip.

However, under the leadership of Sajjan Jindal, JSW Group has now decided to move this project to Maharashtra.

According to reports, Aurangabad and Nagpur in Maharashtra are being considered as the new sites for this project.

This project was expected to play a major role in generating jobs and boosting the economy in Odisha.

The decision came after the political changes in Odisha when the BJP won its first government in the state by defeating the Biju Janata Dal (BJD) in the June assembly elections.

According to a report by Mint, this shift could be a major setback not just for Odisha, but also for the BJP.

It will now be interesting to see how this move by JSW Group benefits Maharashtra and its EV and battery project.