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JSW to gain control as SAIC plans 10 percent stake sale in JV

via Autocar India

Published 30 May 2026Updated 30 May 20261 min read

JSW to gain control as SAIC plans 10 percent stake sale in JV

Chinese automaker SAIC Motor is set to sell an additional 10 percent stake in JSW MG Motor India joint venture to its local partner, JSW Group, according to a Reuters report. The deal would increase JSW's holding from 35 percent to 45 percent, making it the largest shareholder in

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