MG Motors plans investment worth Rs 5,000 crore in India
British automotive maker MG Motor will be making investments worth Rs 5,000 crore in India over the next 5 years. This comes as the firm moves towards localizing its business operations and indigenizing its products and technologies.
MG Motors will develop a new manufacturing plant in Gujarat that will expand its annual production capacity to 3 lakh units and expand MG’s workforce in India.
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