JSW Group makes steel, energy, cement and paint, and runs ports. Its two car companies are JSW Motors, its own brand, and JSW MG Motor India, a joint venture with SAIC Motor.
JSW Motors LtdJSW's own car brand. New-energy SUVs built with technology from Chery.
JSW MG Motor IndiaJoint venture with SAIC Motor since 2023. Builds and sells MG cars.
JSW GreentechElectric buses and trucks.
Separate companies, separate plants, separate dealers. JSW Motors cars wear the JSW badge, JSW MG cars the MG badge.
JSW Motors
India's newest carmaker.
The third homegrown car company after Tata and Mahindra, building plug-in hybrids, range-extenders and EVs.
Plant
3.5 lakh cars a year, installed capacity, at Chhatrapati Sambhajinagar, Maharashtra
Batteries
Assembly plant in Pune
Funding
₹8,000 crore project loan from SBI (May 2026), within a group commitment of about $2–3 billion over five years
Engineers
150 now, 500 by 2027, a 2,000-engineer R&D centre by 2029
Showrooms
Company-owned experience centres in Mumbai, New Delhi and Ahmedabad
Source: press reports, CARE Ratings
Four cars on the road map.
JSW CombatLarge plug-in hybrid SUV, based on the Jetour T2
Compact electric off-roaderBased on the Chery iCar V23, AWD, expected under ₹20 lakh
Mid-size EV SUVBased on the Jaecoo J5 (E5 EV), about ₹30 lakh by one estimate
Jaecoo J7-based SUVSpotted on Indian roads
The first JSW car
A boxy, upright plug-in hybrid SUV built to take on the Toyota Fortuner. Launching 4 December 2026, expected at ₹30–38 lakh.
Dotted values are expected figures from the global Jetour T2, until JSW confirms them.
Square LED headlamps
A flat bonnet, an upright grille and lamps set square at each corner. The face is built to look solid.
Design as seen on the Jetour T2
Built tall
20-inch alloy wheels
220 mm ground clearance
Squared wheel-arch cladding, side steps, roof rails
Fortuner-sized
Width 2,006 mm. Five seats.
4,785 mm long2,800 mm wheelbase1,880 mm tall220 mm clearance
Spare on the tailgate
The full-size spare rides outside, so the boot stays clear: 752 litres behind five seats.
It sees all round
540° camera, which also shows the ground under the car
Level 2 ADAS
6 airbags
Inside
15.6-inch touchscreen, 10.25-inch digital cluster
Ventilated, powered front seats with memory
12-speaker Sony audio, panoramic sunroof
Plug-in hybrid
Petrol when it must. Electric when it can.
A 1.5-litre turbo-petrol engine and two electric motors drive the front wheels through a 3-speed hybrid gearbox (DHT). AWD is not confirmed for India.
Power
360 hp
Torque
610 Nm
Battery
18.4 kWh
Electric range, NEDC
90 km
Total range
1,100 km
Engine
Motors and DHT
Battery
Fuel tank
One report quotes a 26.7 kWh, 381 hp version of the global T2. These figures follow the 18.4 kWh car.
Try it in your colour
Drag the car to turn it.
Concept colours for this presentation, not the official palette.
Coming in 2027
A compact electric off-roader.
JSW's second car is based on the Chery iCar V23: retro and boxy, with round LED lamps and flared fenders. Sized between the Jimny and the Thar Roxx, with local assembly planned and an expected price under ₹20 lakh.
Drive
Dual-motor AWD
Battery
81.76 kWh NMC
Power
211 hp, 292 Nm
Range, NEDC
430 km
0–100 km/h
7.5 s
Charging
6.6 kW AC, 104 kW DC
Global iCar V23 specification
JSW MG Motor India
The joint venture that leads India's EV market.
Formed in 2023 by JSW Group and SAIC Motor. Headquartered in Gurugram, Haryana.