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JSW MG Motor India plans Rs 6,000 cr investment for capacity expansion, operations
JSW MG Motor India will invest Rs 6,000 crore for plant expansion and operations. The Halol plant capacity will double to 2.20 lakh units by January 2028. Discussions continue regarding JSW Group's potential acquisition of an additional stake. The company aims for 35-40 percent annual volume growth in coming years. MG Motor India is commissioning cell-to-pack assembly lines for battery storage.
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thehindubusinessline.com
JSW MG invests ₹3,500 crore to double capacity to 2.2 lakh units, targets record 1 lakh sales
JSW MG Motor India invests ₹3,500 crore to double vehicle capacity, targeting record sales and expanding electric model offerings.
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thehindu.com
JSW Group in talks with SAIC of China to increase stake in JV
JSW Group is negotiating with SAIC to boost its stake in MG Motor India, introducing the Hector Tomahawk in EV and PHEV variants.
