Posts Tagged ‘SAIC Motor’
SAIC’s MG brand to bring in JSW and other local investors in India
CHINA’S SAIC Motor said its MG brand would be bringing in local investors in India to create a more favourable operating environment in the world’s third-largest auto market. JSW Ventures, part of the JSW conglomerate, plans to buy a 35 per cent stake in MG Motor India for 35.8 billion rupees (S$580 million). IndoEdge India…
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