# JSW, Volkswagen plan standalone entity for India auto alliance

2026-08-06T18:00:34+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

JSW Group and Volkswagen Group plan to create a standalone entity for their proposed India alliance, ETAuto reports. The companies aim to sign an overarching memorandum of understanding or framework agreement within the next few weeks, or by September. The partnership would focus on Volkswagen and Skoda’s mass-market internal combustion and new-energy vehicles. Porsche, Lamborghini, Bentley and Audi would remain outside its scope. Under the proposal, Skoda Auto Volkswagen India’s Chakan plant, employees, vehicle platforms, sales and marketing operations, exports and technology would move to the new entity. JSW would then gain access to the company’s financial records for due diligence. The two sides have not yet settled the equity split, ownership structure or valuation. JSW is seeking majority economic interest, according to people cited by ETAuto.

## Coverage

- auto.economictimes.indiatimes.com <https://auto.economictimes.indiatimes.com/news/passenger-vehicle/jsw-volkswagen-plan-new-set-of-wheels-to-drive-tie-up/132886713>

Tags: auto industry, electric vehicles, JSW Group, Skoda, Volkswagen
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