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SAIC INDIA VENTURE
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sourcesChina's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will e...
MG Majestor launched: Check price, booking amount, interior features, engine, offers and other key specsJSW MG Motor India has launched its new 'Majestor' SUV, India's first D+ SUV, starting at Rs 40.99 Lakhs. The vehicle boasts a twin-turbo d...
Uber, JSW Group tie up to deploy EVs in India's ride-hailing marketUber has allied with JSW Group to spearhead a new era of electric mobility in India, focusing on enhancing the ride-hailing experience thro...
JSW Motors ties up Rs 8,000 crore funding from India’s top bankJSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from Sta...
JSW Motors plans to open own showrooms before India car debutJSW Motors is preparing to launch company-owned showrooms across India ahead of its first vehicle debut later this year. The conglomerate a...
JSW MG Motor to invest up to $440 million on expansion, deepen bet on hybrids, EVsJSW 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 c...
China's SAIC to cut stake in India car venture with JSW amid investment curbs, sources saySAIC Motor plans to reduce its stake in its Indian joint venture, JSW MG Motor, and halt further investments. Despite efforts to improve re...
JSW MG India appoints Anurag Mehrotra as managing directorJSW MG Motor India has appointed Anurag Mehrotra as its new Managing Director. Mehrotra, with three decades of experience, has had key role...
JSW to soon finalise technical tie-ups for solo entry into EVs and batteriesJSW Group is about to finalize multiple technology partnerships to enter electric vehicle and battery manufacturing. The conglomerate is in...
JSW MG Motor names 1st electric CUV as MG WindsorJSW MG Motor India has announced that its first electric CUV (Crossover Utility Vehicle) will be named the MG Windsor. This follows a joint...
SAIC's MG Motor India plans to bring in Indian investors including JSWSAIC Motor's MG Motor India to attract investors for market expansion and risk prevention. JSW Ventures, IndoEdge India Fund, dealer trust,...
MG Motor India anticipates accelerated growth path with JSW Group's investment, says CEO Emeritus Rajeev ChabaMG Motor India is poised for rapid growth with the backing of JSW Group as an investor, according to CEO Emeritus Rajeev Chaba. The company...
CCI approves JSW's acquisition of up to 38% stake in MG Motor IndiaThe Competition Commission of India (CCI) has granted approval for the JSW Group's plan to acquire a maximum of 38% stake in MG Motor India...
MG Motor India to introduce seven new models in India in 2 yearsMG Motor India plans to launch seven new models in the Indian market over the next few years. Following its joint venture with the JSW Grou...
JSW, SAIC ink JV to run MG Motor operations in India"Our strategic collaboration with SAIC Motor aims to grow and transform the MG Motor operations in India with a focus on green mobility sol...
JSW, China's SAIC form new India venture for green mobilitySAIC already has a presence in India through its fully owned unit MG Motor India but has struggled to grow its presence in the country afte...
JSW Group to acquire 35% stake in MG Motor IndiaAs per the agreement reached between the two companies, JSW Group will acquire 35% stake in SAIC’s Indian subsidiary MG Motor India for an ...
Sajjan Jindal likely to acquire up to 48% in MG Motor India, make it an Indian companyAccording to the broad contours agreed upon so far, Jindal is likely to own 45-48% of MG Motor India, with dealers and Indian employees own...
Huawei, Alibaba, Tencent among 7 Chinese firms in India with PLA links, claims governmentThe development comes after New Delhi banned 59 Chinese apps in the country. Xinxing Cathay International Group has set up a manufacturing ...