JSW Group warns first car launch could face delays over Chinese part licenses

JSW Motors warns its first car launch may be delayed as it awaits import licenses for Chinese parts. The firm is urging the government to fast-track approvals.

洞察:
JSW Motors / JSW Group has warned that the launch of its first vehicle could be delayed unless the government in India ININ fast-tracks the licenses required to import components from China CNCN. The company, led by Sajjan Jindal, stated that the current certification process for overseas suppliers could impact the timing of its planned second-half launch. This $3 billion carmaking venture is currently navigating quality-control rules introduced in 2020, which mandate that foreign suppliers obtain local certification before their parts can be imported.
The logo of JSW is seen on the company's headquarters in Mumbai, India, February 11, 2016. REUTERS/Danish Siddiqui/File Photo
The logo of JSW is seen on the company's headquarters in Mumbai, India, February 11, 2016. REUTERS/Danish Siddiqui/File Photo
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