Chip supply mostly sorted, only a few variants face crunch: MG Motor India

The semiconductor chip supply to MG Motor India has more or less been sorted out by now and their shortage is being felt for certain variants only, Gaurav Gupta, Deputy Managing Director, MG Motor India said on Wednesday.

The domestic sales of MG Motor India — which is owned by the Chinese company SAIC Motor — jumped by 21 per cent in 2022-23 to 48,886 units, according to SIAM data. The company was not able to handle the semiconductor chip shortage as deftly as some of its peers in the last year, but the situation has significantly improved this year, MG Motor India’s Chief Executive Officer (CEO) Emeritus Rajeev Chaba had explained in April.