JSW MG Motor India Appoints Parth Jindal as Chairman

JSW MG Motor India has appointed Parth Jindal as its new Chairman with immediate effect. Jindal, who has been on the company’s board since the formation of the JSW Group-SAIC Motor joint venture, has played a role in the automaker’s product, manufacturing and localisation strategy.

The appointment comes at a significant stage for JSW MG Motor India as the company expands its portfolio of electric and new-energy vehicles in India. The automaker is also working on increasing local manufacturing and component sourcing as part of its long-term growth strategy.

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Parth Jindal has been associated with JSW MG Motor India since the beginning of the joint venture and has been involved in key areas of the business, including product planning, manufacturing expansion and localisation.

His elevation to Chairman comes as the company looks to strengthen its presence in India's growing electric vehicle market while expanding its overall product portfolio. JSW Group and SAIC Motor entered into a strategic partnership for MG's India operations in 2023, with JSW Group holding a 35 per cent stake in the joint venture.

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Parth Jindal currently holds several leadership positions across the JSW Group and its associated businesses.

He is the Managing Director of JSW Cement and JSW Paints, and serves as Chairman of JSW Dulux. He is also a Director on the board of JSW Energy.

In the sports sector, Jindal is the founder of JSW Sports and Chairman and co-owner of Delhi Capitals, the Indian Premier League cricket team.

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Electric mobility remains one of the key areas of focus for JSW MG Motor India. The company says it has sold more than 1.5 lakh electric vehicles in India since launching its first EV in the country. The MG Windsor has been the company's best-selling electric vehicle in India and has played an important role in strengthening MG's presence in the mass-market EV segment.