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Will create greener, smarter mobility products for India, says SAIC Motor s Wang Xiaoqiu

Will create greener, smarter mobility products for India, says SAIC Motor s Wang Xiaoqiu
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Sajjan Jindal-led JSW Group to hold 35% stake in MG Motor India

'One of the key focus areas of this joint venture will be to pursue the development of the EV ecosystem and to take a leadership position in this space,' says JSW Group’s Parth Jindal

SAIC Motor and JSW Group create JV to spearhead MG Motor operations in India

According to the agreement, JSW will hold 35 percent in the Indian JV operations. SAIC will continue supporting the joint venture with advanced technology and products to deliver extraordinary mobility solutions with an unwavering focus on the Indian consumer.

SAIC Motor, JSW Group announce joint venture

SAIC Motor and the JSW Group on Thursday announced a strategic joint venture.SAIC Motor is a global fortune 500 company with annual revenues of around US$ 110 billion and has a presence in over 100 countries while the JSW Group is one of .

​JSW Group to acquire 35% stake in MG Motor India

​As per the agreement reached between the two companies, JSW Group will acquire 35% stake in SAICs Indian subsidiary MG Motor India for an undisclosed amount. The Chinese auto major will continue supporting the joint venture with advanced technology and products to deliver mobility solutions to the Indian consumer.

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