MG Motor bullish on Indian auto, to take total investment to Rs 5,000 cr

The carmaker has so far sold nearly 13,000 units of its internet SUV, MG Hector

Morris Garages (MG), a British automobile brand now owned by SAIC of China, is bullish on Indian market and plans to invest Rs 3,000 crore more in the country, a company official said.

MG Motor India, has already spent Rs 2,000 crore in the country and commenced manufacturing operations at its plant at Halol in Gujarat, the official said.

"We are committed to India and have started our journey in July this year. We have a long-term plan for the country and will make further investment of Rs 3,000 crore," MG Motor India chief commercial officer Gaurav Gupta told PTI.

The carmaker has