Sajjan Jindal, chairman of JSW group, said, "This MoU with POSCO marks a significant step forward in our journey to contribute to the Indian steel industry. Our partnership with POSCO strengthens JSW's commitment to drive that transformation. This JV also entails collaboration for renewable energy for a state-of-the-art integrated steel plant and for setting up an EV ecosystem in India. Together, we aim to set a benchmark in technology and sustainability that can shape the future of manufacturing in India and beyond."