JSW’s Ampstar charges into ECV race with ₹2,500 cr bet
JSW Group launched its electric commercial vehicle (ECV) brand, Ampstar, with a ₹2,500 crore investment. The new facility is projected to achieve a turnover of ₹12,000 crore at peak utilization, coinciding with India's shift towards electrification in the commercial vehicle sector. This move positions JSW to capitalize on the growing demand for electric vehicles in the market.