JSW MG Motor plans to invest $145 million on capacity expansion, new product development in India
JSW MG Motor India plans to invest about 14 billion rupees in fiscal 2027 to boost localization, launch four new vehicles and expand production capacity
JSW MG Motor India will invest about 14 billion rupees (about $145 million) in the current financial year to increase localization, introduce four new vehicles and expand manufacturing capacity, Managing Director Anurag Mehrotra said, as the automaker positions itself for the next phase of growth in India's fast-growing new-energy vehicle (NEV) market.
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