New Delhi, Aug. 28 -- Billionaire Sajjan Jindal is expanding the ambit of the JSW Group's automotive business to add components for electric and hybrid vehicles to its kitty. The group has already made significant investments in electric vehicles (EVs)-both passenger and commercial-and an EV battery business.
The group's components business-JSW AutoComp-was created by renaming JSW NxGen Charge Ltd, an EV charging infrastructure company that was established in August last year.
The final regulatory filing to complete the conversion of the company from a charging industry player to auto components was done in June, according to filings made with the ministry of corporate affairs.
The move followed approval fromshareholders of JSW NxGen C...
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