India’s JSW Group to acquire 35% stake in SAIC’s local subsidiary

MG India launched sales of the Comet, a two-door electric sedan, in May. (MG Motor India)

December 14, 2023 05:13 PM

Indian business conglomerate JSA Group has signed an agreement with SAIC Motor Corp. to purchase a 35 percent interest in the Chinese automaker’s Indian subsidiary MG Motor India.

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