JSW Motors, KPIT Tech partner to ramp up digital abilities for new energy vehicles

Mumbai, July 30, 2025 — In a significant move aimed at strengthening India's growing electric mobility ecosystem, JSW Motors, the automotive arm of JSW Group, has announced a strategic partnership with KPIT Technologies, a global leader in automotive software engineering. The collaboration seeks to enhance digital capabilities and drive innovation in new energy vehicles (NEVs), including electric and hydrogen-powered mobility platforms.

The two companies will jointly work on software-defined vehicle (SDV) architectures, intelligent vehicle platforms, battery management systems, and next-generation mobility features to support JSW Motors’ upcoming line of NEVs.

Focus on Software-Defined Vehicles and E-Mobility

According to a joint statement issued on Tuesday, the partnership will focus on building software-driven platforms that integrate KPIT’s expertise in autonomous driving, electrification, connectivity, and over-the-air (OTA) capabilities with JSW Motors’ manufacturing prowess.

“We’re committed to creating intelligent and efficient mobility solutions that reflect global standards,” said Parth Jindal, Managing Director of JSW Motors. “Partnering with KPIT will empower us to harness digital technologies at scale and bring a differentiated user experience to the Indian and global NEV markets.”

JSW Motors, which recently announced plans to roll out its first electric vehicle by mid-2026, is banking heavily on cutting-edge digital solutions to compete with established EV players like Tata Motors, Mahindra Electric, and international giants like Tesla and BYD.

KPIT’s Proven Track Record in Automotive Software

Pune-headquartered KPIT Technologies brings to the table deep domain expertise in vehicle software engineering, having partnered with leading global OEMs such as BMW, Renault, and Honda.

“JSW’s bold vision for new energy mobility aligns perfectly with our strategic focus,” said Ravi Pandit, Chairman of KPIT Technologies. “Our collaboration will accelerate the deployment of scalable, intelligent, and green mobility solutions using an agile and cloud-native software architecture.”

Pandit further noted that the synergy would enable faster development cycles, enhanced vehicle diagnostics, cybersecurity, and long-term over-the-air updates — features that are now becoming industry benchmarks.

Market Context: NEV Sector Gaining Traction

India’s NEV sector is witnessing rapid transformation, driven by strong government incentives, rising fuel prices, and climate-conscious consumers. According to a recent report by the Federation of Indian Chambers of Commerce and Industry (FICCI), India’s electric vehicle market is expected to grow at a CAGR of 49% between 2025 and 2030, reaching over 15 million units annually by the end of the decade.

JSW Motors’ entry and its emphasis on a robust software stack could further intensify competition in the NEV space. The company is reportedly investing over ₹15,000 crore in its EV vertical, including the setup of a greenfield manufacturing facility and R&D centre in Maharashtra.

Analyst View: Collaboration Seen as Tech-Forward Bet

Industry analysts are largely upbeat about the partnership, seeing it as a forward-thinking move that could give JSW Motors a competitive edge in a crowded market.

“This deal gives JSW immediate access to cutting-edge digital capabilities without building them from scratch,” said Meera Gokhale, auto analyst at ICICI Securities. “It’s a smart move that compresses time-to-market and reduces R&D expenditure. KPIT, in turn, benefits from expanding its domestic footprint in a high-growth segment.”

Gokhale added that the real success would depend on execution — particularly, how quickly the two companies can integrate their teams and roll out functional prototypes.

Investor Outlook: Positive Signal for Both Stocks

Following the announcement, shares of KPIT Technologies rose nearly 4.5% in early trading on Wednesday, reflecting investor confidence in the company’s growing partnerships in the NEV space. JSW Group’s listed entities also witnessed mild upward movement, though JSW Motors itself remains privately held for now.

Market experts anticipate that this collaboration could open doors for more tech-driven partnerships in the sector. "We are entering an era where automotive value is shifting from hardware to software, and companies that embrace this transition early are likely to benefit,” said Anirudh Desai, fund manager at Quantum Asset Management.

What Lies Ahead: Roadmap for the Future

JSW and KPIT will set up joint engineering teams that will co-develop digital architecture and functional software layers for NEVs. These include battery analytics, vehicle-to-cloud communication, AI-powered driver assist systems, and personalization features.

The companies are expected to start with passenger vehicles before expanding to commercial EVs and even hydrogen-powered platforms in the long term. With the government’s increased focus on localization of auto software and components, the partnership is well-timed to tap incentives under schemes like the FAME II and PLI for Automobile & Auto Components.

JSW Motors’ tie-up with KPIT Technologies marks a strategic alignment of hardware and software innovation in India's electric mobility journey. As both companies play to their strengths — manufacturing and software engineering respectively — the collaboration could serve as a blueprint for future alliances in the automotive sector. With India on the cusp of a mobility revolution, partnerships like these will likely define the next decade of transportation.