SAIC Motor could soon become the first Chinese company to sell its cars in India as it has started hiring key executives, people close to the development said.

MG Motor India, the local unit of China’s largest automobile company, will sell vehicles with an MG tag, a British brand that SAIC acquired from Chinese firm Nanjing Automobile about a decade ago, several people close to the development said. The firm has been registered in India.

Rajeev Chhaba, a former India head of General Motors, will be new the CEO and at least seven more people have been hired to lead the finance, human resources, purchase, IT and other functions.

SAIC has the Competition Commission of India’s approval to acquire General Motors’ factory at Halol in Gujarat.

But the final deal is conditional upon GM — SAIC’s partner in China — settling labour issues at the plant. If that happens by the middle of next month, the Chinese compa ..

While Chinese companies sell everything from toys to telecom equipment in India, automakers have not been successful in the country. One reason could be the lingering apprehension about quality, say industry experts.

The companies are cautious, too, as global automakers such as Volkswagen, Fiat, Ford Motor and GM have struggled in India despite being present for more than a decade. But if they can convince consumers about quality, Chinese automakers, with their frugal technologies, ..

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Comments

    • Jamal Husain
      Jamal Husain

      Nepal me bhi milta hio saec

      about 2 months ago
    • Atchi Reddy
      Atchi Reddy

      Sir please develop China SAIC electric cars in India. India always loves China. India and China like family members.

      about 4 months ago
    • KRIS TENGCO
      KRIS TENGCO

      SAIC is the former owner of Ssangyong Motors

      about 2 years ago