SAIC's India venture to invest up to $440 million on expansion, deepen bet on hybrids, EVs

NEW DELHI, Feb 16 (Reuters) - JSW MG Motor, a joint venture between China's SAIC Motor and India's steel-to-cement JSW Group, ...

JSW MG plans $441 million expansion to triple India capacity

The outlay is among the most significant capital expansion since billionaire Sajjan Jindal’s JSW Group joined forces with SAIC in 2024, signaling the joint venture’s ambition to become a leading NEV ...
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DUBAI, UNITED ARAB EMIRATES, UNITED ARAB EMIRATES, January 28, 2026 /EINPresswire.com/ -- In a significant step towards ...

JSW MG Motor to invest up to $440 million on expansion, deepen bet on hybrids, EVs

JSW MG Motor will invest up to $440 million to expand its Indian plant. The company plans to launch three to four new hybrid and electric cars this year. This expansion aims to increase production ...