SAIC Motor China today announced their plans to enter the Indian automobile market and set up a fully-owned car manufacturing facility. SAIC expects to commence operations in 2019, and is currently in the process of finalising its manufacturing facility and product strategy for the Indian market.
SAIC Motor’s vision for India is to deliver environment friendly mobility solutions under the iconic ‘MG’ brand. “The introduction of the iconic British sports car brand ‘MG' in India is an important part of SAIC Motor’s global strategy. Our aim is to provide best-in-class vehicles, integrating sophisticated British design and quality, breakthrough product features and a pleasing ownership experience,” the company said in a statement.
SAIC is eager to be a part of the expanding Indian automotive market which is slated to become the third largest in the world by the year 2020. Stay tuned for more information regarding SAIC's plans in the time to come.