MG Motors India to invest over USD 500 million in country
Business

MG Motors India to invest over USD 500 million in country

New Delhi, Sep 8: MG Motors India, SAIC’s fully owned subsidiary, is planning to invest over USD 500 million in India by 2020.

At the MOVE Global Mobility Summit, SAIC Motor Corporation president Chen Zhixin announced that MG Motors India, SAIC’s fully owned subsidiary, is planning to invest over USD 500 Million in the country by 2020.

Zhixin and Rajeev Chaba, President & Managing Director, MG Motor India met Prime Minister Narendra Modi at his residence here. (UNI)