With the tarot cards predicting India to be the third largest automobile market in the world by 2020 and with many top end manufacturers coming to India with their strong product line, the Indian auto Industry definitely has a very bright future.
Three manufactures have already announced their plans to come to India and make the auto space more competitive by 2017. The one that has made its latest announcement of coming to India is the British automaker, MG Motor.
SAIC poured ice on all the heated speculations about the British motor head coming to India and finally declared its India coming. If rumors are to be believed, it is likely to acquire GM’s Halol plant.
The other automakers planning to enter India are Kia Motors and Peugeot.
The iconic British brand MG started operations in 1924 and was famous for its "affordable sports cars”. In 2000, Rover separated from BMW and MG Rover was formed, which didn’t go as expected and it collapsed in 2005.
In April 2005, the MG Rover Group was purchased by China's oldest carmaker, NAC (Nanjing Automobiles). NAC didn't get rights to the Rover brand and it was later sold by Ford to Tata Motors along with marques like Land Rover and Jaguar (Ford purchased Land Rover from BMW in 2000).
MG is evaluating its product line-up for the Indian market, but the XS (also known as ZS in China) could make it to India in its current form. The MG GS, which was MG’s first SUV, is on sale since 2015, and the MG 3 from 2013. If these nameplates make it here, expect their new-gen models only. Further, MG could also come with all-new India-centric products like Kia (compact sedan and SUV).
