Alisha Sachdev

JSW Group’s automotive business is preparing to open a clutch of company-owned showrooms in India ahead of its first vehicle launch later this year, a bid by the conglomerate to to firmly establish the new brand, according to people familiar with the matter.

JSW Motors is preparing to launch company-owned showrooms across India ahead of its first vehicle debut later this year. The conglomerate aims to establish its new brand by opening at least four "experience centers" in key cities, offering customers a curated interaction with its upscale plug-in hybrid model.

Maruti Suzuki India Ltd. reported fourth-quarter profit that missed analysts’ estimates, with higher costs and supply constraints weighing on margins.

Two Indian conglomerates are looking to spend nearly $1 billion to build domestic capabilities in electric-vehicle and battery technologies, people familiar with the matter said, reflecting a growing urgency on the part of the country’s biggest companies to reduce their reliance on Chinese technology.

Tata Motors Passenger Vehicles Ltd., the parent of Jaguar Land Rover, reported fourth-quarter earnings that exceeded analyst estimates, driven by a strong recovery at its luxury unit and improved sales in its India business.

Reliance Industries Ltd. is in talks with Chinese battery behemoth CATL and other global suppliers to procure parts for battery energy storage systems, according to people familiar with the matter, as India’s largest company seeks to advance its renewable energy ambitions in the face of China’s tech curbs.

India is considering incentives exceeding $1 billion to spur private-sector adoption of electric buses and trucks, in an attempt to cut fossil-fuel use in the segment amid a deepening energy crisis, according to people familiar with the matter.

India is considering incentives worth more than $1 billion to encourage private operators to adopt electric buses and trucks as part of efforts to reduce fossil-fuel dependence amid rising energy security concerns.

For now, getting projects off the ground may require more work with Chinese suppliers.

Billionaire Sajjan Jindal’s automotive business has secured about 80 billion rupees ($826 million) funding line from India’s largest lender, keeping its plans for a new energy vehicle venture on track.