Core Viewpoint - Indian billionaire Sajjan Jindal emphasizes the reliance on Chinese technology for the development of electric vehicles due to insufficient R&D funding in India [1][2] Group 1: Company Insights - JSW Group is in discussions with several Chinese automakers to incorporate Chinese technology into its electric vehicle plans, aiming for a launch in June 2024 [1] - JSW Group has historically focused on sectors like ports, energy, and defense, and is now entering the electric vehicle market starting in 2023 [2] Group 2: Industry Challenges - India's R&D expenditure is only 0.66% of its GDP, significantly lower than China's 2.4% and the US's 3.5%, indicating a need for increased investment in innovation [2] - The primary obstacle for India's electric vehicle development is battery production, with the country relying heavily on imports from China, Japan, and South Korea; projections suggest that by 2030, domestic production will only meet 13% of demand [2]

Group 1 - National-level new areas serve as comprehensive functional platforms for major national development and reform tasks, acting as important engines for national economic development and leading areas for high-quality development [1] - New areas gather technological innovation resources, promote cross-regional collaborative innovation, and leverage open platform advantages to form a development path of "technology introduction - collaborative innovation - international output" [1] - The focus is on attracting core technologies of industrial chains through precise investment strategies to enhance regional industrial chain resilience and accelerate the construction of a modern industrial system [1] Group 2 - Collaborative innovation aims to create a technology innovation community by deeply integrating with local innovation and developing a heterogeneous collaborative innovation path [2] - Establishing an innovation service market to bridge the information gap in collaborative innovation among industry, academia, and research, ensuring fair distribution of results and risk sharing among innovation entities [2] - International output focuses on simplifying approval processes, diversifying customs methods, and facilitating export tax refunds to support leading enterprises in stabilizing production capacity and seizing orders [2]