JSW MG Motor India Plans ₹6,000 Crore Investment To Expand Halol Capacity, Operations
Mumbai, August 26, 2026: JSW MG Motor India on Wednesday said the company, along with its vendors, is investing around Rs 6,000 crore for capacity expansion at the Halol plant and bolstering operations in the country. JSW MG Motor India, a joint venture between JSW Group and SAIC Motor, aims to double the capacity at the Halol plant in Gujarat to 2.20 lakh per annum by January 2028. JSW Group…
JSW MG Motor India, a joint venture between JSW Group and SAIC Motor, has announced a substantial ₹6,000 crore investment to expand the Halol plant's capacity and enhance operations in India. The aim is to double the plant's production to 2.20 lakh vehicles per annum by January 2028. Currently, the company's investment in MG Motor India stands at Rs 3,500 crore, with vendors contributing an additional Rs 2,500 crore, making the total investment around Rs 6,000 crore.
Parth Jindal, Director of JSW MG Motor India, highlighted that the investment also focuses on boosting the Halol plant's capacity, which has grown from 110,000 units to 160,000 units by March, and will reach 2,20,000 units by January 2028. The company does not foresee the need for a new location for expansion, as the Halol plant can produce up to 4,00,000 units per annum.
Discussions on SAIC Motor's acquisition of additional shares in JSW MG Motor India are ongoing, but the current shareholding remains unchanged with JSW Group holding 35%, SAIC Motor 49%, and the rest distributed among Indian investors, dealers, and employees.
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