MG Motor has its initial production of 80,000 units per annum; currently hired a workforce of 70 employees
The British-based automaker, MG Motor, has announced officially today that it has inaugurated its maiden production facility in India ahead of the market entry. Founded by Cecil Kimber, MG Motor has its origins as a highly recognisable two-seat open sports car maker from the year 1924.
With rich history in the bygone years, SAIC played a crucial role in its resurrection late last decade. The first phase of the investment will see the brand pouring in Rs. 2,000 crore in a bid to achieve its initial manufacturing target of 80,000 units per year in India. This will enable the first product to be rolled out in 2019.
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The manufacturing base, formerly owned by General Motors, will be completely refurbished to make way for MG Motor’s production line. The Halol plant in Gujarat spans over an area of 170 acres and will be revamped in two year’s time ahead of the company’s debut. Its initial workforce comprises of 70 employees before expanding to offer ‘significant’ number of jobs according to MG Motor.
Sticking by the ‘Make in India’ and ‘Skill India’ initiatives, several indirect employment will also be created in the state of Gujarat. Rajeev Chaba, President and Managing Director, MG Motor India said that the inauguration of the plant is a significant milestone and it will cater positively contribute to the ecosystem in Gujarat. He recalled that at least 500 owners were in India since 1924 when the brand was first established in the UK.
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The arrival of MG (Morris Garages) Motor was subjected to loads of speculation in the last few months. Ever since GM announced that it is quitting Indian operations by the end of this year, SAIC, the Chinese owner of MG Motor, was keen to get on the act and had bought the manufacturing plant after several hiccups endured by GM. It is yet unknown what the initial product lineup would be but we hope to know in the coming months.
The greenfield facility began its operation with a traditional Indian Puja ceremony during Navratras. All MG Motor India employees, MG Motor International employees and key authorities of the local administration including Gujarat government were present at the occasion. The preparation of MG’s market entry shows the high-growth potential of India in the coming years as global manufacturers are queuing up to step into the fray.
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