JSW MG Motor to Invest Up to $440 Million to Expand EV & Hybrid Portfolio

JSW MG Motor India is implementing a $440 million expansion plan to triple its annual production capacity from 110,000 to 300,000 units within 12 to 18 months. This strategy includes expanding the Halol plant, launching three to four new electric and hybrid models in 2026, increasing localization, establishing an R&D center and battery plant, and growing its retail network to 600 outlets.