NEW DELHI, April 7 -- Billionaire Sajjan Jindal-led JSW Group has infused about Rs.2,600 crore into its automobile subsidiary, JSW Green Mobility, since its inception-signalling a serious push into India's passenger and commercial vehicle market as it gears up for a FY27 debut. JSW Group is targeting the October-December quarter of financial year 2027 to launch its first passenger vehicle, after infusing about Rs.2,600 crore into its automobile subsidiary, JSW Green Mobility, since inception. According to Mint's review of multiple filings with the ministry of corporate affairs, the capital was deployed primarily toward setting up plant operations for passenger and commercial vehicle businesses in Chhatrapati Sambhaji Nagar, alongside general corporate purposes and debt repayment. With interests spanning steel, energy and paints, JSW's move marks its most decisive diversification yet-and places it alongside Tata Group and Mahindra as the third major Indian business house entering the automobile sector. While the automobile subsidiary was incorporated in 2023, filings show it did not receive meaningful financial support from group firms until December 2024-when chairman Sajjan Jindal publicly declared JSW's intent to build its own automobile brand. Funding from group companies accelerated sharply after that announcement. Queries sent to JSW Group remained unanswered. "Our idea is not to be an outpost of a Chinese company to sell products in India," Jindal told the Financial Times in December 2024. "We want to manufacture the products in India, value-add in India, and sell them in India." The company is scheduled to launch its first car in the October-December quarter of financial year 2027. The launch timeline for its commercial vehicles remains unclear. To be sure, investments into JSW Green Mobility are separate from the conglomerate's investment in JSW MG Motor India, a joint venture with China-based SAIC. JSW's foray will centre on clean fuel technologies such as electric vehicles (EVs) and hybrids. The timing is significant: India's electric vehicle market has crossed 198,000 units, registering 84% growth....