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JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

JSW MG Motor India aims for 1 million vehicles, eyes fresh funding for expansion

Rediff.com27 Aug 2026

JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.