JSW MG Motor India’s ₹4,000 Crore Expansion Plan Revealed

February 16, 2026. The thing is, being the number two EV player in India isn’t enough when you’re still bleeding cash. JSW MG Motor is done playing small. They just dropped a ₹4,000 crore ($440 million) expansion plan to triple their production capacity. It’s a massive bet on a market that’s currently dominated by Tata, but MG thinks their “New Energy Vehicle” (NEV) strategy is the secret sauce. Let’s be real—with the MG Windsor already sitting at the top of the EV charts, they have some serious momentum to burn.

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Field Notes: The JSW MG Motor Blitz

• The Cash Drop: ₹3,000 to ₹4,000 crore being pumped into the Halol plant. They want to go from 120,000 units to 300,000 units annually.

• The “NEV” Pivot: At least 75% of their future sales will come from EVs and plug-in hybrids. They aren’t just adding batteries; they’re centering the whole brand around them.

• New Blood: 3 to 4 new models are coming this year alone. One of them is the rugged MG Majestor, which just broke cover on February 12 to take on the Fortuner.

• The Profit Puzzle: Losses doubled to 121 million last fiscal year. Mehrotra says the “unlock” for profitability is deeper localization—less importing from China, more building in Gujarat.

• Geopolitics: Relations between Delhi and Beijing are finally “thawing” a bit. Better visa access and smoother flights are helping the JV move faster, though the risk hasn’t totally vanished.

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[Image Description: A wide-angle shot of the JSW MG Motor factory in Halol, Gujarat, with a fleet of white MG Windsor EVs lined up for delivery, set against a backdrop of construction cranes extending the plant’s assembly lines.]

JSW MG Motor: 2026 Expansion Roadmap

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And Here’s the Kicker…

The real story here isn’t just the factory size; it’s the “Maruti Moment” that Sajjan Jindal keeps talking about. By the end of 2025, the MG Windsor had already become India’s best-selling EV with over 46,000 units sold. Now, they’re doubling down with Plug-in Hybrids (PHEVs) to catch the buyers who aren’t ready to go full electric yet. It’s a pincer movement. On one side, you have the high-margin MG Select luxury channel with the Cyberster and M9. On the other, a high-volume factory expansion. If they can get the localization right and stop importing expensive cells, they might actually turn that $121 million loss into a profit by 2027. Or nothing.

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End…

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