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SAIC,Peugeot,global cos line up to invest Rs 10K crore in India

SAIC,Peugeot,global cos line up to invest Rs 10K crore in India

Wednesday, March 1, 2017, 4:33 PM

The 92-year-old British automotive brand MG Motor, which is now owned by Shanghai Automotive Industry Corporation and other global companies who have firmed up plans for an India foray over the next 1-3 years with collective investments of at least Rs 10,000 crore.The Japanese company is exploring the possibility of bringing the luxury brand Acura to India.
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