Morris Garages commonly known to us as MG majorly owned by Chinese auto giant SAIC Motor Corporation is planning to invest over Rs. 3000 crore in the Indian market. In 2019 MG Motors had invested more than Rs. 2000 crore in India to commence its manufacturing operations at the company’s Halol Plant in Gujrat.
Speaking on the topic Gaurav Gupta, CEO, MG Motor India said, “We are committed to India and have started our journey in July this year. We have a long-term plan for the country and will make further investment of Rs 3,000 crore.
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MG Motors is also planning to introduce 3 new SUVs in India by the end of July 2021. In total MG will have about 4 models in the SUV segment to offer. MG Motor is also gearing-up for the lunch of its most recent offering the MG ZS EV which is set to break its cover anytime this month.
Additionally, MG Motors is also expanding its customer experience centres along with over 200 showroom-cum-workshops by the end of March 2020. Amongst these new launches MG Motors will also introduce a 6-seater derivative of the Hector SUV in India by the first half of 2020.
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The company is also seem to be testing another MG Maxus D90 7-seater, which is all set to rival the like of the Toyota fortuner and the Ford Endeavour.
