Jsw Mg Motors Sets In Motion Up To 350 Million Fund Raise From Pe Investors

motoring jsw mg motors sets in motion up to 350 million fund raise from pe investors

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JSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a financial turnaround and the success of the Windsor EV. JSW MG aims for EVs to constitute 65% of sales by 2025. The company will introduce five new models this year.

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