UK-based car maker MG Motor (Morris Garages), owned by Chinese auto giant SAIC, has announced the inauguration of its first manufacturing facility at Halol, Gujarat, in India. The company said it will be making an initial investment of ₹ 2000 crore with an initial capacity of 80,000 units per year in the first phase. It will roll-out its first product from the plant in 2019. MG's Halol plant is the same unit that was used by General Motors earlier to produce Chevrolet vehicles.
The company says the plant will create a significant number of jobs, apart from creating additional indirect jobs in the state. Rajeev Chaba, MD, MG Motor, said, "We aim to positively contribute to the ecosystem here in Gujarat including all stakeholders by generating employment opportunities for local talent, leveraging the capable supplier base and contributing to the overall benefit of the society and community here."
P Balendran, ED, MG Motor India, said, "We greatly appreciate the pro-active approach displayed by the Gujarat government in facilitating the smooth transfer approval of the Halol plant and granting us the required approvals to re-start the operations. With this, we are very proud to play our role to the 'Make in India' initiative."
The MG brand finds its origins as a British Racing Sports Brand in the year 1924 and has evolved into a modern-day car maker over the years.