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JSW MG Motor India – A New Beginning

Written by Nizam Shaikh

One of the largest conglomerates in India, JSW has joined hand with SAIC Motor, a global Fortune 500 company. Today JSW and SAIC Motor finalised the automotive joint venture – JSW MG Motor India PVT LTD. The new joint venture will capitalise the opportunities in the Indian automotive sector.

JSW MG Motor India announced that the brands will together world-class technologies through smart and sustainable products. In addition to this, JSW MG Motor India will also help generate significant employment opportunities in India. Through extensive localisation the brand also plans to develop a robust automotive ecosystem.

JSW MG Motor India – New Products Coming this Festive Season

Using JSW’s technical and manufacturing expertise and combining it with SAIC Motor’s automotive experience, the joint venture aims to bring advanced and futuristic technologies as well as enhance local sourcing to establish a strong supply chain. Under the joint venture – JSW MG Motor India plans to a new products every three to six months. This will also include NEV (New Energy Vehicles). In addition to this, the brand also announced that the launch is slated to commence from this festive season.

Expansion in Halol

The brand also announced that the production capacity in Halol will be expended from the current 100,000 units to 300,000 units per year. This expansion will allow the company to accommodate the brand’s focus on the NEVs that it plans to launch in the coming months.

In addition to this, JSW MG Motor India will also be focussing on strengthening its research by setting up a new R&D centre. The new R&D centre will cater to different choices of car buyers and develop local mobility solutions for the new-age buyer.

The Halol plant is already utilising 60% of its energy from renewable sources and the brand plans to become carbon neutral by 2029. In addition to this, the company is also focussing on upskilling around 100,000 students and employees with expertise needed in EVs, Coneected technologies and Autonomous Vehicles.

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