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After GM exit, Chinese JV Partner SAIC to enter India with MG brand

Plans to collaborate with iconic British brand Morris Garages in India

General Motors, GM
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Sohini Das Ahmedabad
US car maker General Motors (GM) might have announced its exit from India, but its Chinese joint venture partner SAIC Motor Corporation Ltd is all set to enter India with the Morris Garages (MG) brand, an iconic British brand that it had acquired in 2008. 

The $100-billion SAIC, which is bullish on the Indian automobile market, that is slated to become the world's third largest by 2020, would have a dedicated manufacturing facility in the country, and would be the first Chinese automaker to do so. The operations are likely to commence in 2019 from a fully-owned facility, and functional-level

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First Published: Jun 29 2017 | 1:47 AM IST

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