JSWMG MOTOR INDIA will launch a new car every three to four months starting September, including new energy vehicles, JSW Group chairman Sajjan Jindal said on Wednesday."Together with MG, we will create a Maruti moment. Forty years ago, in 1983, Maruti came to India and it changed the auto industry. It brought lightweight, efficient cars and the Ambassador and Fiats went into oblivion, and today Maruti has a 50% market share," Jindal said.
"At JSW, we believe in building scale. We are going to churn the automotive industry, we will create some sort of disruption and our idea is to bring one car every three to four months. These will also be exported to the most developed markets. With MG, we will be an unmatched combination," he said, announcing the road map for the joint venture.
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