KPIT Technologies Limited has informed the Exchange regarding a press release dated July 30, 2025, titled "JSW MOTORS & KPIT TECHNOLOGIES FORGE STRATEGIC COLLABORATION".
KPITTECH · price
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KPIT Technologies has entered a strategic partnership with JSW Motors, the newly launched automotive arm of the JSW Group, to build the software and digital backbone for JSW's New Energy Vehicle (NEV) portfolio in India. JSW Motors is committing US$3 billion over the next five years to develop and manufacture electric, hybrid, and plug-in hybrid vehicles, with its first NEV expected to launch in the second half of FY2026 from a 630-acre facility under construction in Bidkin, Maharashtra. KPIT will contribute its expertise in Software Defined Vehicles (SDVs), electric propulsion systems, battery innovation, and will also set up a dedicated Centre of Excellence for JSW Motors. The deal leverages KPIT's two decades of experience across over 2,000 global vehicle production programs and its team of 12,000+ engineers.
This is a significant order-win announcement that gives KPIT a long-term revenue anchor from a well-funded partner (JSW Group is a US$23 billion conglomerate), reinforcing its strategic focus on the Indian market and SDV capabilities. Likely to be viewed positively by the market as it validates KPIT's positioning in India's EV transition story.