TOKYO, Nov 19 (Reuters) - Japanese steelmaker JFE Holdings will buy a stake of about 10 percent in India's JSW Steel for 30 billion yen to 40 billion yen ($337 million-$449 million), the Nikkei business daily reported on Thursday.
The Japanese steelmaker aims to build a supply base for Japanese carmakers such as Toyota Motor Corp and Nissan Motor Co , which plan to start manufacturing in India, the newspaper said. (Reporting by Yumiko Nishitani)