📷 Image: Wikimedia Commons / Volkswagen AG
Business
Volkswagen, JSW Group Near Deal to Sell Stake in India Unit
✍️ NDTV Profit
🗓 22 Jul 2026, 07:33 AM
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Volkswagen and JSW Group are reportedly close to finalising a deal to sell a stake in Volkswagen's India unit.
Volkswagen AG and JSW Group are reportedly close to concluding a transaction that would see JSW acquire a stake in Volkswagen’s Indian operations.
The deal, which has been under discussion for several months, would involve the transfer of a significant portion of ownership from Volkswagen to the Indian conglomerate. While the exact terms have not been disclosed, industry analysts suggest the transaction could reshape the competitive landscape of the Indian automotive market.
If finalized, the move would provide Volkswagen with a stronger foothold in India and give JSW access to advanced automotive technology and a global brand presence. The deal is expected to be subject to regulatory approvals before it can be completed.
The deal, which has been under discussion for several months, would involve the transfer of a significant portion of ownership from Volkswagen to the Indian conglomerate. While the exact terms have not been disclosed, industry analysts suggest the transaction could reshape the competitive landscape of the Indian automotive market.
If finalized, the move would provide Volkswagen with a stronger foothold in India and give JSW access to advanced automotive technology and a global brand presence. The deal is expected to be subject to regulatory approvals before it can be completed.