New Delhi: MG Motor India, a wholly-owned arm of China's SAIC Motor Corp, on Friday inaugurated its corporate headquarters in Gurgaon.
The company has invested Rs 150 crore on the commercial space which will also house its flagship vehicle showroom and brand store on the ground floor to show-case its products.
Spread over 46,000 square feet, the new office will be ready in the next two months. The company plans to launch its first model, premium SUV Hector, by middle of this year.
"India is going to be a key market for the MG brand and the new headquarter reflects our long-term commitment to be an integral part of the thriving Indian auto market, in addition to our Halol manufacturing facility, which was inaugurated in September 2017," MG Motor India president and managing director Rajeev Chaba said in a statement.
MG’s new office and flagship showroom aims to demonstrate the company’s core values and culture that revolves around three key pillars – innovation, diversity and technology. Setting new benchmarks in the industry, MG’s workforce comprises 31 per cent females, the highest in the auto industry. In the corporate office, the ratio of female employees is as high as 40 per cent.
“In terms of diversity, we are setting new industry benchmarks by moving beyond the current norm of the automobile space being traditionally male-dominated,” said P Balendran, executive director, MG Motor India.