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Volkswagen, JSW Tie-up Talks Focus on Cost Cuts, Export Access
Source: Bloomberg
M&A & RestructuringAutomotive & EVTrade Policy & Supply ChainCorporate Strategy
JSW Group and Volkswagen Group are discussing a potential India partnership focused on lowering costs, securing access to export markets, and determining Volkswagen's retained control. The talks could strengthen Volkswagen's India manufacturing and export footprint while giving JSW deeper exposure to the automotive sector, but no agreement or financial terms were disclosed.
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