MG Motor India receives investment from JSW Group, plans Rs 4,000 crore expansion and 25-30% growth by 2024.
MG Motor India CEO Emeritus Rajeev Chaba expects growth acceleration and aggressive expansion plans after receiving investment from the JSW Group. The company, established on technology, customer experience, gender diversity, and community service, plans to invest Rs 4,000 crore on a second manufacturing unit. MG Motor India aims for 25-30% growth in 2024, with plans to launch two new products.
March 10, 2024
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