Proposed JSW-Volkswagen tie-up targets cost cuts and India exports
A potential joint venture between JSW Group and Volkswagen Group would cut costs via supplier synergies and use India as an export hub for Europe to counter Chinese carmaker competition, according to two executives.
New Delhi, Sept. 9 -- The potential joint venture between Indian conglomerate JSW Group and German auto giant Volkswagen Group will focus on cutting costs through supplier synergies and using India as an export hub for Europe to counter competition from Chinese carmakers, according to two executive…