New Delhi, May 26 -- NEW DELHI: JSW Group has infused Rs.3,000 crore into its automobile business and tripled its borrowing limit to Rs.15,000 crore, accelerating billionaire Sajjan Jindal's push to build a fully-owned automobile manufacturing business ahead of its first vehicle launch later this year.

the largest single round of promoter funding into the business since it was incorporated in 2023-comes as JSW steps up its push into passenger and commercial vehicles, seeking an independent play beyond its existing joint venture with China's SAIC Motor, formed in 2024.

Jindal family-owned JSW Green Mobility Ltd, which houses the group's passenger and commercial vehicle businesses, issued compulsory convertible participating preference sh...