Re: MG Motor India's 5-year plan: Dilute shareholding, set up 2nd assembly plant From purely an “image” perspective, it would help the brand not to be known as a “Chinese” company/car in India, so give up majority share to a multiple of smaller stakes where their share is over 51%, but you are still the major among the minority.. for eg 40% Chinese and 3 20% shareholders as Indians. Hence a 60% Indian owned company, but majority shareholder is still Chinese.
Happened earlier in multiple industries, perception affects branding.
Last edited by benbsb29 : 15th May 2023 at 05:00.
Reason: Edited post for formatting.
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