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SAIC Motor and JSW Group announce a strategic Joint Venture to accelerate growth with focus on green mobility

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries, and the JSW Group, one of India’s leading global business conglomerates with US$ 23 billion in revenues across diversified businesses, have entered into a strategic Joint Venture. The Shareholder Agreement and Share Purchase & Share Subscription agreement were signed by the President of ...

SAIC Motor and JSW Group finalise automotive JV: ‘JSW MG Motor India Pvt Ltd’

SAIC  Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B and B2C sectors) have announced the business roadmap for their new strategic Joint Venture -JSW MG Motor India Pvt. Ltd. (JSW MG Motor India), ushering in a new era of mobility in the country. The new join...