MG Motors Lays Down India Plans
autoX|April 2018

MG Motors Lays Down India Plans

MG Motors Lays Down India Plans

MG Motor India has announced its aggressive business plans for the Indian market. The SAICowned company has committed to investing `2,000 crores in its first phase of development, and has envisioned investing as much as `5,000 crores total in the country over a span of the next six years if all goes according to plan. SAIC (Shanghai Automotive Industry Corporation), meanwhile, manufactured 7 million vehicles last year, with a total turnover over $110 billion.

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