JSW MG Motor hits $1 billion in revenue in under 6 years, but losses surge
JSW MG Motor India surpassed $1 billion in revenue in FY25, but saw its losses nearly double to ₹1,096 crore. The company, a joint venture with SAIC, has seen a significant rise in EV sales, becoming India's second-largest electric vehicle maker after Tata Motors.
JSW MG Motor India surpassed $1 billion in revenue in FY25, but saw its losses nearly double to ₹1,096 crore. The company, a joint venture with SAIC, has seen a significant rise in EV sales, becoming India's second-largest electric vehicle maker after Tata Motors.
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