JSW MG Motor India
| File:MG Motor India logo.jpg | |
| File:MG Motor India Administration Block at its manufacturing plant in Halol, Gujarat.png | |
| Company type | Joint venture |
|---|---|
| Industry | Automotive |
| Founded | 2017 |
| Headquarters | , India |
Area served | India |
Key people | Rajeev Chaba (President & MD)[1] |
| Products | Automobiles |
| Brands | MG Motor |
| Owner | JSW Group SAIC Motor |
Number of employees | 3,000+ (2023)[2] |
| Website | www |
JSW MG Motor India Pvt Ltd, previously MG Motor India Private Limited until 2024, is an automobile manufacturer in India, which was established in 2019. Since 2023, it is a joint venture between the Mumbai-based Indian multinational conglomerate JSW Group and Shanghai-based Chinese automotive manufacturer SAIC Motor, a Chinese state owned automobile manufacturer which markets vehicles under the British MG marque.[3][4]
History
[edit | edit source]The whole subsidiary was setup in the year 2017 by SAIC Motor and began its sales and manufacturing operations in 2019 from an old General Motors facility in Halol, Gujarat.[5] The company was intended to allocate $650 million for investment, however the Government of India aimed to restrict funding from Beijing following a conflict in 2020 between troops of both nations along their disputed Himalayan boundary.[6]
In May 2023, due to market policy by the Indian government, SAIC was forced to reduce shareholding in the venture.[7][8] By November 2023, the company entered into a strategic joint venture with JSW Group, which allowed latter to acquire 35% in the company. Further, IndoEdge India Fund bought an 8% stake, while a dealer trust as well as an employee stock ownership plan, acquired 3% and 5% stakes, respectively, leaving SAIC with just 49% stake.[9]
Operations
[edit | edit source]JSW MG Motor India operates one manufacturing plant in the country, located in Halol, Gujarat. The plant has a capacity of 80,000 units per year and was previously owned by General Motors India, which halted its sales operations in India at the end of 2017.[10] MG Motor India has invested more than ₹2,000 crore in revamping the 178 acre facility after its takeover from General Motors.[10]
Models
[edit | edit source]Current models
[edit | edit source]ICE vehicles
[edit | edit source]| Model | Indian introduction | Current model | Notes | ||
|---|---|---|---|---|---|
| Introduction | Update (facelift) | ||||
| SUV/crossover | |||||
| File:2021 MG Astor Sharp 220 Turbo (India) front view.png | Astor | 2021 | 2021 | — | |
| File:MG(Morris Garages) Hector SUV in Jamshedpur, Jharkhand, India (Ank Kumar, Infosys Limited)) 02.jpg | Hector | 2019 | 2019 | 2023 | Rebadged from Baojun 530 |
| File:MG Hector Plus (India) front view (2).png | Hector Plus | 2020 | 2020 | 2023 | 7-seater variant of a rebadged Baojun 530 |
| File:2020 MG Gloster 2.0 Savvy (India) front view.png | Gloster | 2020 | 2020 | — | Rebadged from Maxus D90 |
| Majestor | 2025 | 2025 | — | Rebadged from Maxus Territory | |
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Electric vehicles
[edit | edit source]| Model | Indian introduction | Current model | Notes | |||
|---|---|---|---|---|---|---|
| Introduction | Update (facelift) | |||||
| Hatchback | ||||||
| File:2023 MG Comet EV Plush (India).png | Comet EV | 2023 | 2023 | — | Rebadged from Wuling Air EV | |
| File:Baojun Yunduo 004.jpg | Windsor EV | 2024 | 2024 | — | Rebadged from Baojun Yunduo | |
| Convertible | ||||||
| File:2024 MG Cyberster.jpg | Cyberster | 2025 | 2025 | — | Imported from China | |
| SUV/crossover | ||||||
| File:MG ZS EV IMG 5512.jpg | ZS EV | 2020 | 2020 | 2022 | ||
| MPV | ||||||
| File:2023 MG Maxus 9 V.jpg | M9 | 2025 | 2025 | — | Rebadged from Maxus G90 Imported from China | |
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See also
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References
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External links
[edit | edit source]
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- MG Motor
- Vehicle manufacturing companies established in 2017
- Manufacturing companies based in Gurgaon
- Indian subsidiaries of foreign companies
- SAIC Motor joint ventures
- Car manufacturers of India
- 2017 establishments in Haryana
- JSW Group
- Indian companies established in 2017
- Multinational joint-venture companies
- Motor vehicle company stubs
- Indian company stubs