JSW Ventures Singapore, a subsidiary of JSW International Tradecorp and part of JSW Group, has received approval from the Competition Commission of India (CCI) to acquire up to 38% of MG Motor India.
The strategic joint venture between SAIC Motor and JSW Group was announced in November of the previous year, with JSW Group securing a 35 per cent stake in MG Motor India, , MG Motor India, JSW Ventures, acquisition, competition commission of india