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JSW MG Motor India to invest Rs 1,400 crore in Halol plant, launch four new vehicles this fiscal

Дата публикации: 16-07-2026 12:18:12

JSW MG Motor India is investing Rs 1400 crore to increase production capacity significantly. The company plans to introduce four new vehicles into the mainstream market this year. Production capacity will rise to 160,000 units annually by fiscal year-end. A battery electric and plug-in hybrid vehicle will launch shortly. The company aims for 70-80% of total sales from new energy vehicles.

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JSW MG Motor India is investing Rs 1400 crore to increase production capacity significantly. The company plans to introduce four new vehicles into the mainstream market this year. Production capacity will rise to 160,000 units annually by fiscal year-end. A battery electric and plug-in hybrid vehicle will launch shortly. The company aims for 70-80% of total sales from new energy vehicles.

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JSW MG Motor Indiia to Invest ₹1,400 crore in Halol plant, launch four new vehicles this fiscalAgenciesThe company clocked a 19% increase in sales at 70,554 vehicles in 2025.

JSW MG Motor India is investing Rs 1400 crore to increase production capacity by a nearly third at it’s existing facility in Halol (Gujarat) and drive in four new vehicles in the mainstream market in the ongoing financial year.

JSW MG Motor India Managing Director Anurag Mehrotra said, work is on to increase production capacity to 160,000 units per annum by the end of the fiscal year, from the current 120,000 units. In the second phase, the company will again ramp up production to 300,000 units per annum near-term. “We introduced three new vehicles last year and had scheduled four more this year. The first of these the Majestor has already hit roads. We will be launching a battery electric vehicle and a plug-in hybrid vehicle shortly”, Mehrotra said.

The new vehicles will be launched on the freshly unveiled platform ADAPT ( Advance Drive Architecture Platform Technology), on which the company also aims to introduce a hybrid vehicle and a range-extended electric vehicles (REEV) at a later stage.


Mehrotra said the capital expenditure underway this fiscal is part of the total investment of Rs 3000-4000 crore JSW MG Motor India had announced mid-term for expanding capacity, deepening localisation and launching new products in the Indian market.

Mehrotra said the board has already approved the expansion plan. Currently, JSW MG Motor is structured as a 51:49 joint venture, with JSWowning 35%, Indian financial institutions 8%, MG Motor India dealers 3%, and JSW MG Motor India employees holding 5%. The remaining 49% is held by China's SAIC Motor.

The company clocked a 19% increase in sales at 70,554 vehicles in 2025. Majority of the volumes came from the Windsor electric car. Going forward, Mehrotra said the company wants to continue to be a leading automotive brand in the new energy vehicle segment which includes pure electric and hybrid vehicles. “At any point in time, we want to clock 70-80% of our total sales from NEVs”, he said.

Mehrotra said the company has seen increased demand for electric vehicles the past few months post the West Asia crisis and the numbers should increase in the coming months. “There is a lot of awareness about EVs now. While Tier 1 market is larger, we are seeing strong growth in smaller towns and cities also. The share of electric in new vehicle sales in the market should be close to double-digits by the end of this year”, Mehrotra said.

The share of electric vehicles in total car sales in the country nearly doubled to 4% in 2025, from about 2.4% the previous year. Local EV sales surged 77% to 176,817 units in 2025, from 99,875 units in 2024, according to Federation of Automobile Dealers’ Associations (Fada).

( Originally published on Jul 16, 2026 )

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Классификация: Экономика. Схожих патентов: 0. Схожих новостей: 10. Тональность: 5. Информативность: 7. Источник: economictimes.indiatimes.com.