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MG Motor is all set to make its debut in India. The British Automakers first offering for the Indian Market will lock horns with the likes of Jeep Compass/Hyundai Tucson and is set to dawn the Indian roads by first half of 2019. The SUV will be followed by an all electric offering in 2020. Both offerings would be locally produced at its Halol (Gujarat) based Production Plant in India. Though in the beginning the production plant will be tuned to deliver 75% of its capacity, it would later be running at full throttle to deliver 2,00,000 lakh units annually. Currently, the plant would churn out 80,000-1,00,000 units a year.
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Despite local assembly, design and engineering workload will rest on UK and China based units of MG Motors. Even in the case of the fully Electric Vehicle (EV) the powertrain will be imported from China. Other than this all other components would be locally assembled. The rest of the upcoming vehicles will receive components from the local companies. Reportedly, the British Motor has acquired SAIC Motor suppliers recently in this regard. The acquisition coupled by the construction of a vendor park within the plant boundary itself further indicate the British Automakers increased efforts towards localization.
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The SAIC Motors
SAIC Motors is a Chinese automotive design and manufacturing company. The company will work in tandem with local vendors in India to expedite production capacity of the plant. We expect MG motors to reveal complete dealer partner list by end of this year. Reportedly, MG Motor plans to have around 45 dealer partners and 100 dealerships spread across the Indian demography.
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