JSW MG Motor Plans Luxury Car Launch

23 Sep 2024 CW Team

JSW MG Motor announced plans to launch four luxury cars over the next two years, with sales through a new showroom line called 'MG Select.' The first luxury model is expected in the first quarter of 2025. The company aims to open 12 'MG Select' showrooms in the next six months, according to Gaurav Gupta, Chief Growth Officer.

The company, which is 51% owned by the JSW Group and other Indian entities, will focus exclusively on “new age energy vehicles,” including strong hybrids, plug-in hybrids, and electric vehicles. Gupta noted that luxury segment EV penetration stands at 7%, significantly higher than 2% in mainstream categories, indicating a growing appetite for innovative powertrains.

In 2023, around 45,000 luxury cars were sold in India, reflecting a 20% year-on-year growth. However, this segment accounts for just 1% of total domestic car sales. Gupta emphasized that JSW MG defines luxury through a combination of price point, exclusivity, and accessibility, aiming to make luxury vehicles more available to Indian customers through MG Select.

Each showroom will feature a display of four to five cars, requiring approximately 4,000 square feet of space. The company plans to invite young entrepreneurs with a passion for luxury to become dealer partners.

JSW MG is following a trend among automakers, similar to Maruti Suzuki’s Nexa showrooms and Hero MotoCorp’s Premia stores, to establish separate dealership lines for premium products.

Real Estate

11 May 2026

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..