SAIC To Launch MG Brand, Setup Car Manufacturing Plant In India
NEW DELHI: China based automobile giant SAIC Motor Corp. on Wednesday said that it plans to launch the MG (Morris Garages) brand in India and setup a fully-owned car manufacturing facility in the country.
According to the company, its vision for India is to deliver "environment friendly mobility solutions" under the iconic "MG" brand.
The company said that its overall operations are expected to commence from 2019 which will create sizeable employment opportunities under the "Make in India" and "Skill India" initiatives.
"The introduction of the iconic British Sports Car Brand 'MG' in India is an important part of SAIC Motor's global strategy," the company said in a statement.
"Our aim is to provide best-in-class vehicles, integrating sophisticated British design and quality, breakthrough product features and a pleasing ownership experience."
MG originated as an iconic British racing sports brand in 1924. It has since evolved into a modern-day innovative brand through the last 93 years.