JSW may buy majority of Volkswagen's stake in India unit: Report

Vaishnavi Mishra, Published on Jul 21st, 2026

JSW may buy majority of Volkswagen's stake in India unit: Report

German carmaker Volkswagen is in advanced talks to sell a stake in its India business, Skoda Auto Volkswagen India, to the JSW Group, Bloomberg reported. The Sajjan Jindal-led conglomerate is seeking a majority stake in the Indian joint venture. Key issues, including valuation and future capital commitments by both sides, remain unresolved and the talks could still collapse, report added.

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