JSW MG Motor Plans ₹3,000 Crore Investment for Plant Expansion and New Launches

JSW MG Motor India is preparing a major expansion phase with a planned investment of about ₹3,000 crore, aimed at boosting production capacity, adding new products and setting up a second manufacturing facility in the country, as per The Economic Times report. 

Expansion Funding and New Plant Plan 

The company said it is currently running operations through internal accruals but will evaluate financing routes as work begins on its 2nd plant later this year.  

Management indicated that multiple funding instruments are under evaluation to support upcoming capital expenditure and growth plans. 

The new factory will come up next to its existing Halol facility in Gujarat and is designed for an installed capacity of 300,000 vehicles per year. The present plant has capacity of about 110,000–120,000 units annually and is already running at roughly 65–70% utilisation. 

The automaker has lined up 4 vehicle launches this year, including 2 high-volume mass market models. It noted that from groundbreaking to commissioning, a new auto plant typically takes about 18–24 months. Output in calendar year 2025 stood at around 72,000 vehicles. 

Growth Momentum and NEV Focus 

The company said it outpaced overall industry growth last year, reporting wholesale growth of 18% and retail growth of 36%, compared with industry expansion of about 6%.  

As per the report, Management expects overall market volumes to grow in high single digits to early double digits this year and believes its own growth momentum will continue. 

Electric vehicles currently account for nearly 80% of JSW MG Motor India’s sales mix. The company plans to introduce hybrid models this year and is targeting 70–80% of total sales from new energy vehicles (EVs and hybrids) over time. 

Read More: JSW Infra Share Price Rise Ahead of Feb 20 Board Meet to Consider Fundraising Plan! 

Conclusion 

With a second plant, multiple launches and a strong tilt toward new energy vehicles, JSW MG Motor is positioning itself for scale-led growth in India’s evolving auto market. 

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