JSW Group Announces Entry Into Defence Sector; To Focus On Domestic, Overseas Markets
Indian conglomerate JSW Group enters defence sector with new business vertical, JSW Defence, focusing on domestic and overseas markets. JSW Defence aims to supply equipment to Indian Armed Forces, become a global player, and contribute to India’s ambition of being a USD 5 billion defence export economy.JSW Defence acquires majority stake in Gecko Motors, renamed as JSW Gecko, and secures ₹250