India, Aug. 31 -- JSW MG Motor India has appointed Parth Jindal as Chairman of the company, effective immediately, the automaker said on Monday.
Jindal, who previously served as a Director on the company's board, will now take over as Chairman.
JSW MG Motor India is a joint venture between JSW Group and Chinese automaker SAIC Motor. JSW Group holds a 35% stake, while SAIC Motor owns 49%. The remaining 16% stake is held by Indian financial institutions, dealers and employees.
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