JSW MG to invest Rs 1,400 crore this year to expand plant, models and dealer network
JSW MG Motor India commits Rs 1,400 crore this year, part of a Rs 4,000 crore plan, to fund localisation, new NEV models and plant expansion. Halol capacity scales from 120,000 to 260,000 units by March 2027, targeting ~300,000 eventually, while the sales and service network grows from 550 to over 1,200 outlets in five years.
JSW MG Motor India to invest Rs 1,400 crore this year (Rs 4,000 crore total) on localisation, new NEV models and plant expansion, while scaling its sales/service network from 550 to over 1,200 outlets in five years.
Why this matters
The Rs 1,400 crore outlay builds on JSW MG's prior plans to expand Halol capacity and launch four new vehicles this fiscal, and follows its MG Adapt multi-powertrain platform unveiling with two launches slated this year.
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