Since 2023, it is a joint venture between the Mumbai-based Indian multinational conglomerate JSW Group and Shanghai-based Chinese automotive manufacturer SAIC Motor, a Chinese state owned automobile manufacturer which markets vehicles under the British MG marque.

[5] The company was intended to allocate $650 million for investment, however the Government of India aimed to restrict funding from Beijing following a conflict in 2020 between troops of both nations along their disputed Himalayan boundary.

[6] In May 2023, due to interventionist market policy by the Indian government, SAIC was forced to reduce shareholding in the venture.

[9] JSW MG Motor India operates one manufacturing plant in the country, located in Halol, Gujarat.

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