JSW MG Motor plans ₹3,000 crore expansion at Halol plant
after close1 source ↓written by the desknot a recommendation
- to expand
- ₹3,000-4,000 crore
- plant capacity
- 110,000-120,000 units
- 300,000 units
- 12-18 months
- in 2025
- 51,387 EVs
JSW MG Motor India, a joint venture of SAIC Motor and JSW Group, aims to invest ₹3,000-4,000 crore to expand its Halol plant capacity from 110,000-120,000 units to over 300,000 units within 12-18 months. This move targets a leadership position in the electric vehicle market, where it sold 51,387 EVs in 2025, capturing 29% of the market.
The expansion reflects the company's commitment to increasing production and launching new products, potentially enhancing its competitive edge against Tata Motors in the EV sector.
Not investment advice. For informational purposes only.