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Tata and JSW Plan $1 Billion EV and Battery R&D Investment in India to Reduce China Reliance

GateNews

2026-05-07 10:11:38

According to Bloomberg, Tata Group and JSW Group plan to invest nearly $1 billion on EV and battery research in India to reduce reliance on Chinese technology. Tata’s battery unit Agratas is spending more than $400 million on a Bengaluru R&D facility for lithium iron phosphate and lithium manganese iron phosphate battery cells. JSW Motors plans to invest at least $500 million over five to six years in a Maharashtra research hub focused on vehicle localization, software, and connected vehicle technologies.

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