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SAIC to sell additional 10% stake in JSW MG Motor India to JSW: Report

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SAIC to sell additional 10% stake in JSW MG Motor India to JSW: Report

SAIC Motor is set to sell an additional 10% stake in JSW MG Motor India to JSW Group, which would become the company's largest shareholder, as the Chinese automaker navigates India's investment restrictions and prepares for new vehicle launches. China's SAIC Motor will sell a further 10 per cent stake in its Indian carmaking venture, JSW MG Motor, two sources…

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