Parth Jindal, MD of JSW Cement and JSW Paints, announced that JSW Group will launch a ₹10‑12 lakh electric car in the first half of 2027. This compact EV will be smaller than the current Windsor model and built through a partnership with a Chinese OEM
What We Know So Far
The upcoming car will target the mass market, bringing affordability to EV buyers using cutting-edge technology . JSW is also exploring commercial vehicle ventures and increasing its stake in JSW MG Motor India
Why a ₹10‑12 Lakh EV Matters
Introducing a ₹10 lakh electric car could redefine affordable EVs in India. Currently, popular options under ₹10 lakh like the Tata Tiago EV (₹8.49‑11.79 L) show market interest. JSW’s entry could broaden accessibility and boost EV adoption.
How This Fits into India’s EV Landscape
India plans to bring dozens of EVs under ₹10 lakh by 2025–2026 . Competitors like MG Comet EV and Tata Punch EV are already priced below ₹10 lakh. JSW’s model will directly compete in this growing budget segment.
What Comes Next
- 2027 launch window: First half of the year targeted
- Chinese tech partner: Enhances cost-effectiveness
- Commercial vehicles too: JSW plans tech for commercial EVs simultaneously
- MG Motor stake increase: JSW expanding its presence in auto sector
Why This Launch Is Encouraging
An affordable EV at this price makes electric mobility more reachable for Indian families. With government support (like subsidies and tax benefits), such a car may speed up EV adoption, reduce pollution, and support India’s shift to cleaner mobility .
Summary
JSW Group will launch a ₹10‑12 lakh electric car by early 2027, aiming to enter the mass EV market. Partnering with a Chinese OEM, the project will also support commercial EV ventures. This move aligns with India’s push for affordable, sustainable transport and positions JSW as a growing player in the country’s automotive future