JSW’s Volkswagen Play: Why India’s Newest Carmaker Wants a 20-Year-Old One
JSW Group is in advanced talks to acquire a majority stake in Skoda Auto Volkswagen India, the entity that runs Volkswagen, Skoda, Audi, Porsche, Lamborghini and Bentley in the country. If it closes, the Sajjan Jindal-led conglomerate would control the German group’s entire India passenger-vehicle business, and Volkswagen would gain a local partner to share … Read more