JSW MG to invest Rs40bn to expand Halol plant capacity in India – report

JSW MG Motor, the JV between China’s SAIC Motor and India’s JSW Group, plans to invest up to Rs40bn ($441m) over the next few years to raise capacity at its Halol plant in Gujarat. The investment is expected to raise the Halol site’s current annual capacity from 110,000 units to 300,000 units. Managing director Anurag Mehrotra said in an interview reported by Bloomberg that the funding will modernise the facility’s paint and body shops and support a series of new hybrid and electric vehicle launches. T ...