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MG Motors
22 Aug 2021
MG Motor to invest Rs 2,500 crore by 2022-end
The investment will be for adding further capacity as the company prepares to meet demand of new models, including the mid-size SUV Astor, which is expected to hit the market around Diwali. At present, Chaba said the shortage of materials supply, especially that of semiconductors, has constrained production. In 2020, MG Motor India had sold a total of 28,162 units, which included 25,834 units of Hector SUV.






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