MG Motor India to invest ₹5,000 crore from 2026–28 to hire 20,000 people.

MG Motor India, recently, announced its India 3.0 plan, in which the company said it will invest over ₹5,000 crore for the expansion of manufacturing plants in Halol, Gujarat, and hire around 20,000 employees (directly and indirectly).

The British brand, owned by Chinese firm SAIC, is also looking for investors from India as part of its 5-year business roadmap to Indianise the business operations for sustainable growth.

The key initiatives that would constitute this are localisation and bringing in the latest technology and indigenising it as well; increasing Indian shareholding over the next two-to-four years by more than 50 per cent; and enhancing local sourcing and manufacturing across its operations by 2028 through an extensive series of programmes, including exploring cell manufacturing and clean hydrogen-cell technology through owned or third-party facilities, the company said.

As part of its growth plan, MG Motor India also plans to establish a second manufacturing facility in Gujarat, significantly increasing the combined production output from the current 1.20 lakh to 3 lakh vehicles (including both plants’ capacity).

It also intends to launch four to five new cars, mostly electric vehicle (EV) models, and achieve 65–75 per cent of its sales from the EV portfolio by 2028. To support the widespread adoption of EVs, MG Motor India will strengthen local manufacturing of EV components and establish a battery assembly unit in Gujarat.

HBL