SAIC Motor announces key appointments at MG Motor India
SAIC Motor has announced Mr. Rajeev Chaba as the President and Managing Director of MG Motor India, and Mr. P. Balendran as its Executive Director.
SAIC Motor Corporation Limited, one of the biggest corporations in the world and the largest automobile giant in China, today announced its plan to enter the Indian automobile market through a fully-owned car manufacturing facility in the country. The company though is in its process of finalizing its manufacturing facility. The company is aiming at introducing ‘environment friendly mobility solutions’ under the iconic British brand MG Motor (Morris Garages). The MG brand originated as an iconic British Racing Sports Brand in the year 1924, but has evolved into a modern-day innovative brand through the last 93 years.
MG sells its cars in many countries that include UK, USA, Europe, Australia, New Zealand, South America, Middle East, South East Asia, Thailand and Indonesia. The next stop for the company is India, where the cars will be manufactured as well. It is most likely GM India’s Halol plant that will be the base for manufacturing of MG Cars in India. Operations are said to commence in 2019. SAIC recently launched the ‘internet car’ in collaboration with Alibaba in the ‘connected car space’. So there is definitely a lot to look forward to from this Chinese automobile giant in India.
The company also announced some senior level appointments. Mr. Rajeev Chaba, a veteran with over two decades of experience in the automotive sector will be the President and Managing Director of MG Motor India. Rajeev’s last assignment was as global COO in Vanguard Logistics, USA and as an operating partner of ManCapital, a UK based Private equity firm. Prior to that, he had worked in world class automobile companies in senior positions at different locations including Dubai, India, Japan and China. Mr. P. Balendran, has been appointed as the Executive Director. He has joined MG Motor India after spending over 18 years in global automobile companies in senior positions.
