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SAIC Motor to start manufacturing cars in India

By Niranjan Mudholkar,

Added 28 June 2017

To enter Indian automobile market through a fully-owned car manufacturing facility in the country under the brand name MG Motor India

SAIC Motor is located across the globe including UK, USA, Europe, Australia, New Zealand, South America, Middle East, South East Asia, Thailand and Indonesia. SAIC Motor has also established its ‘Overseas Innovation Center' in Silicon Valley, California. Over the years, both its MG and Maxus brands have respectively emerged as one of the fastest growing brands in UK, Australia, New Zealand, Chile and Thailand.

SAIC Motor's recent launch of a breakthrough ‘internet car' in collaboration with Alibaba in the ‘connected car space' is a new milestone in the global automotive industry which has seen unprecedented success. "This was possible by integrating the premium technological resources through the company's leading world-class supplier base," the company said.

With the establishment of its fully-owned subsidiary, "MG Motor India", the Company today also announced some senior level appointments.  Rajeev Chaba, a veteran with over two decades of experience in the automotive sector will be the President and Managing Director of MG Motor India. He joins MG Motor India with a wealth of global experience, proven track record and a very good local insight. Rajeev's last assignment was as global COO in Vanguard Logistics, USA and as an operating partner of ManCapital, a UK based Private equity firm. Prior to that, he had worked in world class automobile companies in senior positions at different locations including Dubai, India, Japan and China.

P. Balendran, also with a wealth of experience in the auto sector has been appointed as the Executive Director. Balendran has joined MG Motor India after spending over 18 years in global automobile companies in senior positions.  Before that, he had also worked in many other organizations and renowned companies within India and abroad in various senior positions.

The company said it is delighted to have both Rajeev Chaba and Balendran join MG Motor India as its senior leadership team.  Their wide and varied experience in the auto sector will lead the company to a successful future in India. The company has also started functional level appointments to further strengthen its operations going forward.

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