Mar 22 2018 | India Opportunities

SAIC Motor to invest more than Rs 5,000 crore in India till 2025

Chinese auto maker SAIC Motor is going ahead to invest more than Rs 5,000 crore in India till 2025. The company aims to promote Morris Garages (MG) brand. The investment will be made towards doubling the production capacity at its manufacturing facility in Halol in the state of Gujarat. The company is targeting to launch sports utility vehicle in the second quarter of CY2019.



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