India | Investment | Battery Electric | Battery Systems, Supercapacitors & Solar JSW Group announces plans to invest almost USD4.82bn in building new CV, car and battery plants in the Indian state of Odisha By RACE Innovations Pvt Ltd – 29th June 2024 The JSW Group of Mumbai has signed a Memorandum of Understanding (MoU) with the government of Odisha, to building an integrated Electric Vehicle (EV) and EV battery manufacturing facility in Cuttack, Odisha State.