Volkswagen is in advanced discussions with Indias JSW Group for a local partnership. The German automaker seeks fresh capital and a stronger presence in India. JSW Group is reportedly seeking a majority stake in the venture. Several sticking points remain unresolved, including deal valuation and investment amounts. This potential agreement caps Volkswagen's years-long search for an Indian ally.

Volkswagen is in advanced discussions with Indias JSW Group for a local partnership. The German automaker seeks fresh capital and a stronger presence in India. JSW Group is…

Volkswagen AG is reportedly in advanced talks with JSW Group to sell a stake in its India unit, aiming to secure fresh capital and strengthen its presence in the growing market.