Friday, March 4, 2022

MG Motor India plans to raise $500 m locally in capex push

The maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval for new investment from the Chinese parent. MG Motor India has already initiated talks with private equity investors, several people in the know told ET.

from Auto-Industry-Economic Times https://ift.tt/0q9Jfen

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