New Delhi: MG Motor India is exploring export opportunities in the UK and South Africa in addition to drawing plans to knock on the right drive countries in the global automotive market for preparing long-term to increase foreign shipments from India, according to a top company official.
The company, which has begun to export to Nepal, plans to make India as an export center for neighboring markets.
“Even though at this time, there is a lack of chip …
we need to prepare for the long term.
We want to expand our base and make India as an export hub for neighboring markets,” MG Motor India President and Managing Director Rajeev Chaba told PTI.
The company has started with Nepal and sends the first Hector MG batch.
This will continue with the Hector SUV now and then add the SUV MG Artor and ZS EV which is just launched next year, he added.
“So, Nepal is the first country but we actively explore other countries in the region, namely, Sri Lanka, Bangladesh and Bhutan.
Also, we have questions from England because Britain is the right market.
So, we are located.
Also explore opportunities Exporting and Mg Hector to England, “Chaba said.
In South Africa, the other right drive market, he said the MG operation still had to begin in this country because it was postponed because Covid-19.
“It was not ruled out …
after the MG operation began in South Africa which would also become a potential market,” he added that the right driving countries in the global automotive market “can be the potential of the export market for the company’s MG.
Hector SUV”.
Explain the reason behind the company that started exports despite having a backlog of orders in the domestic market because of the lack of semiconductor, he said, “This export is for the long term and and we embed the current market, to start with lower volume, but when the situation increases, in A year from now on, this will give us a good diversification of our sales trail.
“He further said it took time to develop a brand and develop a market network.
Exports, he said, will help the company in the long run of the point of having dollar income and “this will help us get more volume and spread our base for sales traces”.
In the lack of semiconductor, he said, “This is actually a short-term problem of chip constraints, which can last for six to nine months.”
MG Indian Motor Explores Export Opportunities in the UK, South Africa
