JSW group, a largest steel producer in the country is planning to enter automotive sector, by launching electric cars in three years, a top official of the company informed.
‘’JSW steel is planning to enter automotive sector with the launching of electric cars by 2020 at a proposed price of Rs ten lakh,’’ JSW Cement MD Parth Jindal told UNI here on Wednesday.
“We are planning to roll out about four thousand electric cars, including sedan cars with a price of Rs 10 lakh by 2020. The factory would be at Gujarat”, he added.
Besides this, the company is also planning to enter paint sector, with introducing less smell paints in the market by August 2018, he said adding that the paint would be hundred per cent water based solvent paste. It would have also the capacity to resist dust as well as less pollution.