According to the company, its vision for India is to deliver "environment friendly mobility solutions" under the iconic "MG" brand.
The company said that its overall operations are expected to commence from 2019 which will create sizeable employment opportunities under the "Make in India" and "Skill India" initiatives.
"The introduction of the iconic British Sports Car Brand 'MG' in India is an important part of SAIC Motor's global strategy," the company said in a statement.
"Our aim is to provide best-in-class vehicles, integrating sophisticated British design and quality, breakthrough product features and a pleasing ownership experience."
MG originated as an iconic British racing sports brand in 1924. It has since evolved into a modern-day innovative brand through the last 93 years.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.