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JSW Group in talks to buy stake in Volkswagen India
Volkswagen is in advanced discussions with India's JSW Group, said people familiar with the matter, as the German automaker seeks an ally to infuse fresh capital and bolster its local unit in the world's third-largest auto market. The two sides are working toward a potential agreement in the coming weeks involving JSW making an investment in closely held Skoda Auto Volkswagen India, the people said, asking not to be identified as the discussions are confidential.
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economictimes.indiatimes.com
Volkswagen eyes JSW lifeline in India as group weighs majority stake
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…
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newsbytesapp.com
JSW eyes majority stake in Volkswagen's India unit: Report
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.
