New Delhi, Oct 10 (PTI) MG Motor India expects its operations to turn profitable next year as it looks to double its volumes with higher production capacity in place, the company’s President and Managing Director Rajeev Chaba said on Monday.
The company, which has been impacted by acute supply chain constraints, is looking to close the current year with sales of around 55,000-56,000 units.
“Next year, we are looking at doubling our volumes. If we do 56,000 units this year and we are targeting over one lakh units in 2023. So that is why we think next year is definitely going to be a big year for us,” Chaba told PTI in an interaction.
