MG Motor India Future Plans: Highlights

Here are the live updates from the MG Motor press conference, regarding the future plans of the company.

MG Motor India Future Plans: Highlights View Photos
Here are the live updates from the MG Motor press conference

Morris Garages or MG Motor is a British car manufacturer which is now owned by China based SAIC Corp, the largest auto manufacturer in China, and will soon begin selling its cars in India. MG Motors India's first launch will be an SUV, which it will launch in the second quarter of 2019. Rajeev Chhaba, MD, MG Motor India giving us a view of what the company has in store for India. In fact, MG Motor will be launching one new product every year, beginning in 2019. The company has already taken over GM’s plant in Halol, Gujarat and had earlier revealed that it will be making an initial investment of Rs. 2,000 crore and have an annual capacity of manufacturing 80,000 units per year, to begin with. Over the next six years, MG Motors plans to invest Rs. 5,000 crores in India.

Also Read: MG Motors To Launch SUV In India In Q2 2019

MG Motor said that the first car from the facility will roll out sometime in 2019. The manufacturing facility is spread over 170 acres and will get a full upgrade before the actual manufacturing begins. Currently, MG has hired 1,000 personnel in India. Also, MG says that a number of new jobs will be created along with indirect jobs in the state of Gujarat. The gender diversity at MG Motor stands at 22 per cent and the company would like to increase the same to 35 per cent, which means hiring more female personnel. The company is looking to have close to 300 touch points in India over the next few years. These include dealerships and service centres.

 

Mar 19, 2018
MG Motor India Plans
From L to R: Rajiv Chaba, MD, MG Motor India and P Balendran, executive director, MG Motor India, at the press conference.
Mar 19, 2018
MG Motor India Plans
MG Motor India is aiming to keep the localisation level at about 80 per cent from day one. All the localisation will be done by Indian engineers.
Mar 19, 2018
MG Motor India Plans
The key management personnel at MG Motor India.

Mar 19, 2018
MG Motor India Plans
Currently, MG Motor India has a gender diversity of 22 per cent and the company is looking to increase the same to 35 per cent. The company also aims to have around 300 touchpoints in India over the next few years. These will be dealerships and service centres combined.
Mar 19, 2018
MG Motor India Plans
The company is actively working on developing new energy vehicles. In fact, it is investing $ 3.2 billion USD towards research and development of electric, plug-in hybrid and fuel cell powered vehicles.
Mar 19, 2018
MG Motor India Plans
The company has recruited over a 1,000 people at its plant in Halol. MG Motor is also working closely with startups in India apart from developing them. The idea is to keep the localisation level really high from the beginning.
Mar 19, 2018
MG Motor India Plans
MG Motor says that the first launch from the company will be an SUV, and it will be launched in the second half of 2019. MG Motor will invest a total of Rs. 5,000 crore in India over the next six years. The company has also promised that it will be launching one new product every year 2019 onward.

Mar 19, 2018
MG Motor India Plans
MG Motor sold 6.93 million vehicles globally in 2017, which makes them the 7th biggest auto manufacturer in the world. It will be investing Rs. 2,000 crore in the first phase at its Halol plant in Gujarat, which earlier belonged to General Motors.
Mar 19, 2018
MG Motor India Plans
Rajiv Chaba, the managing director for MG Motor India takes over the stage.

Mar 19, 2018
MG Motor India Plans
We are at the press conference of MG Motor India, where the company will be sharing its future plans for its India operations.