Investment worth Rs 3,000 crore planned by JSW MG Motor
Automobile maker JSW MG Motor India (Joint venture) plans to invest Rs 3000 crore in India by the end of 2025 to enhance capacity and introduce nearly half a dozen new products. The investment will be utilized to treble production capacity to 300,000 units per annum at the company’s manufacturing site in Halol (Gujarat).
Firm also plans to launch five new vehicles which would include a combination of electric and internal combustion engine (petrol/diesel) models. The statement said MG Motor India has so far invested Rs 7000 crore in India.
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