MG Motor India plans to raise $500 m locally in capex push - Business News: Latest News & Videos about market and economy | Trendmergers

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MG Motor India plans to raise $500 m locally in capex push

The maker of the Hector and Astor SUVs is seeking to tap the local market because of a delay in getting government approval for new investment from the Chinese parent. MG Motor India has already initiated talks with private equity investors, several people in the know told ET.

from Industry-Economic Times
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