9FEBRUARY 2026TATA AUTOCOMP EXPANDS MANUFACTURIANG ACROSS INDIAJSW MG Motor, which is a Chinese-Indian joint venture established between JSW Group and SAIC Motor, will invest up to 440 million dollars (approximately Rs 3,640 crore) to enhance its India plant and introduce new models, especially hybrid and electric cars.The company plans to increase the capacity of its current plant to 120,000 to 300,000 units per year, which will lead to its long-term expansion.Tata AutoComp is stepping up its growth plans with a fresh push to expand its manufacturing footprint in India.The auto parts giant has already declared that it will establish a number of new plants in this year in an effort to enhance capacity and solve the increased demand by automakers in both local and international markets.Anurag Mehrotra, Managing Director of JSW MG Motor, revealed that it will spend between 3,000 to 4,000 crore (330 million to 440 million dollars) in the next few years. This investment will finance the release of 3-4 new vehicles as well as with the help of several sources of funds, such as internal accruals and possibly debt or equity sources.JSW MG Motor has not made a profit even when its sales increased. The company expanded its losses to 121 million in FY 2025, and a cash reserve of 60 million, and a borrowing of 344 million. Nevertheless, its Windsor electric vehicle has served to increase sales, reaching 70,500 in 2025, as compared to 61,000 in 2024.The future plan of the company is based on the new energy vehicles (NEVs), and Mehrotra stated that NEVs will form at least 75 percent of the product range. By the year 2030, he predicts that NEVs may constitute 30 percent of the total annual car sales in India compared to 5 percent today.JSW MG Motor is also concerned with localizing its supply chain in order to cut down on expenses in order to increase profitability. As there has been a change in India-China relations, the company has a prospect of better market conditions. The management of the company affirmed that there are other series of facilities planned to be established as part of the overall expansion strategy. This is a step in the right direction as the automotive field in India is experiencing positive momentum with great demand of vehicles and a steep increase in the electric vehicles market. Tata AutoComp is in a process of expanding its production foundation to serve the customers more efficiently and promptly.It has recently opened two state of the art plants in Gujarat, Sanand. Such plants pay attention to major car parts, such as seating systems and thermal solutions. In these new additions, Tata AutoComp has over eight operating plants in the Sanand region alone, and this indicates how the area is central to its growth roadmap.Growth of Tata AutoComp will also enhance the supply chain resistiveness and closer vicinity to key original equipment manufacturers. The company will achieve this by establishing plants near the customers, thus lowering logistic costs and turnaround time and increasing the overall capacity of operations.This aggressive growth is an indication of the company confidence of the dynamic auto market of India and its eagerness to expand operations in accordance with the industry. SAIC INDIA SETS $440M INVESTMENT PLAN FOR EVS, HYBRIDS EXPANSION
<
Page 8 |
Page 10 >