VW, JSW revive talks for India auto JV

Volkswagen Group has revived discussions with Sajjan Jindal-led JSW Group for a potential joint venture in India, said people aware of the development. This comes as the European auto maker’s proposed alliance with Mahindra & Mahindra appears to have stalled. The two sides have held several meetings over the past three to four weeks to explore ties, said the people cited.VW Group is home to brands such as Skoda, Audi, Porsche and Bentley. VW Group’s India strategy is led by Skoda.Under the proposed terms, JSW would steer local operations through mobility arm JSW Auto while leveraging technology and product platforms from both VW and SAIC Motor, the Chinese parent of MG Motor India, with which the Jindals are already allied.Discussions remain at an early stage, with the commercial structure yet to be finalised, the people said. JSW Group didn’t respond to queries. Local unit Skoda Auto VW India declined to make any specific comment.124559228VW Scouting for Local Partner

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