2 days ago
Parth Jindal Named Chairman as JSW MG Pursues Expansion
JSW MG Motor India has chosen Parth Jindal as its new chairman.
He started the job immediately after the company’s board approved the appointment on Sunday.
Jindal already knew the company because he had been on its board since the joint venture began.
He will help the company make more vehicles and introduce new models.
The company is especially interested in electric and plug-in hybrid cars.
It also wants to use more parts made in India instead of imported parts.
Production at its Gujarat factory is planned to increase over the next few years.
JSW MG says it has sold more than 150,000 electric vehicles, including the MG Windsor, which it calls India’s best-selling EV.
JSW MG Motor India appointed Parth Jindal chairman with immediate effect after board approval on Sunday.
Jindal has been associated with the joint venture since its formation and has worked on product planning, manufacturing expansion and localisation.
The company is expanding its vehicle portfolio, including electric and plug-in hybrid models such as the Hector Tomahawk EV and PHEV.
Production capacity at the Halol facility is planned to rise from 1.10 lakh vehicles annually to 2.20 lakh by January 2028.
JSW MG says it has sold more than 150,000 electric vehicles, with the MG Windsor described as India’s best-selling EV.
- Who
- Parth Jindal was appointed chairman of JSW MG Motor India by the company’s board.
- What
- Jindal will oversee production growth, new vehicle launches, electric and plug-in hybrid expansion, and greater localisation.
- Where
- The expansion concerns JSW MG Motor India’s operations in India, including its Halol facility in Gujarat.
- When
- The appointment was announced on Sunday and took effect immediately.
- Why
- The company is seeking to broaden its vehicle portfolio, increase production, expand electric vehicles and reduce reliance on imported parts.
Key facts
- New chairman
- Parth Jindal
- Joint-venture partners
- JSW Group and SAIC Motor
- Current manufacturing capacity
- 1.10 lakh vehicles annually at the Halol facility
- Planned capacity
- 1.60 lakh vehicles by March 2027 and 2.20 lakh by January 2028
- New technology focus
- Electric vehicles and plug-in hybrid vehicles
- Reported electric-vehicle sales
- More than 150,000 since the company’s first electric-vehicle launch
- Company-highlighted model
- MG Windsor, described by the company as India’s best-selling EV
Sources
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