Tata Group and JSW Group are significantly increasing investments in electric vehicle and battery technologies, with the 2 conglomerates together expected to spend nearly $1 billion on research and development infrastructure aimed at building domestic capabilities, as per The Bloomberg report.
Tata Group’s battery business, Agratas Ltd., is investing more than $400 million in a new research and development centre in Bengaluru focused on advanced battery technologies including Lithium Iron Phosphate (LFP) and Lithium Manganese Iron Phosphate systems.
The facility is expected to help the company reduce reliance on Chinese battery technology while strengthening domestic manufacturing capabilities and intellectual property development.
LFP battery cells are increasingly being used in battery energy storage systems because of their growing commercial demand.
The centre is also expected to support future local production of battery cells in India. At present, Agratas has access to Nickel Manganese Cobalt battery technology sourced from South Korea.
Sajjan Jindal, Chairman of JSW Group, is also expanding the group’s EV technology ambitions through JSW Motors Ltd., the conglomerate’s passenger vehicle business.
The company plans to invest at least $500 million over the next 5-6 years to establish a research hub in Maharashtra.
Ranjan Nayak, Chief Executive Officer of JSW Motors Ltd., said the centre will focus on localising vehicles developed with global partners, building proprietary software capabilities and advancing connected vehicle technologies.
According to Nayak, the broader objective is to adapt international automotive technologies to Indian market conditions, including local road environments and price expectations, while delivering products aligned with global quality standards.
The investments come as Indian companies reassess long-standing dependence on Chinese EV and battery technology partnerships.
Industry players are increasingly facing delays, stricter compliance requirements and reduced certainty around access to advanced technologies.
China has also become more selective in sharing advanced battery and EV technologies as geopolitical tensions and the tariff dispute with the United States continue to reshape global supply chains.
Several Indian companies, including Reliance Industries Limited, have reportedly encountered difficulties in joint ventures linked to technology transfer arrangements.
Read More: Electric Vehicle Sales in India Rise 75.14% in April 2026, Tata Motors Leads the Race!
The planned investments by Tata Group and JSW Group underline the growing importance of domestic EV and battery technology development as Indian companies scale capabilities in next-generation mobility solutions.
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Published on: May 8, 2026, 10:24 AM IST
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