mg windsor , comet , zv

JSW MG Motor India Closes FY26 on a Strong Note with 19% YoY Growth in March 2026

JSW MG Motor India reported improved wholesales in March 2026, ending the financial year on a positive note. The company dispatched 6,528 units during the month, marking a 19% year-on-year (YoY) increase compared to 5,501 units sold in March 2025. On a month-on-month (MoM) basis, sales grew by 31% from 4,957 units in February 2026.

This performance reflects sustained momentum in both its internal combustion engine (ICE) and new energy vehicle (NEV/EV) portfolios, with electric vehicles continuing to dominate sales.

EV Contribution in March 2026

  • EV sales: 5,623 units (approximately 86% of total sales), up 20.4% YoY. EVs also showed strong MoM growth of 54%.

The clear shift towards electrification underscores MG’s strategic focus on EVs, with the brand steadily transitioning into an EV-led player in the competitive Indian market.

Here is the detailed model-wise performance:

  • MG Windsor EV: 4,530 units
    The Windsor EV remained the star performer and India’s top-selling electric car for the month. It posted 24% YoY growth and continued to anchor the company’s volumes with a dominant share.
  • MG Hector (including variants): 850 units
    The popular mid-size SUV showed a solid 55% YoY growth, demonstrating renewed demand in the ICE segment despite overall MoM moderation.
  • MG Comet EV: 682 units
    The compact urban EV delivered the highest YoY growth in the lineup at an impressive 294%, highlighting strong appeal in the entry-level electric segment. MoM sales remained relatively stable.
  • MG ZS EV: 411 units
    The premium electric SUV recorded improvements on both YoY and MoM fronts, benefiting from its positioning in the higher-priced EV space (often supported by fleet and corporate demand).
  • MG Astor: 55 units
    The compact SUV saw lower volumes and a decline compared to the previous month, consistent with its more niche positioning in the current portfolio.

(Note: Gloster sales were negligible or zero, in line with recent trends following its phase-out.)The Windsor EV alone contributed the lion’s share, reinforcing its role as the volume driver since its launch. Together with the Comet EV and ZS EV, EVs powered the bulk of growth, while the Hector provided crucial support to the ICE side.

March 2026 marked one of MG’s stronger performances under the JSW partnership, building on consistent double-digit growth trends. The company also announced price hikes across its portfolio effective April 1, 2026, signaling confidence in demand and rising input costs.

Looking ahead, MG is gearing up for further expansion in the electrified space. The brand plans to introduce its first Plug-in Hybrid Electric Vehicle (PHEV) in India around August–September 2026. Additional upcoming models, such as the MG Starlight SUV (expected in both EV and PHEV variants), aim to challenge established players like the Mahindra XUV700 and Tata Harrier in the premium SUV segment. The upcoming Majestor is also anticipated to bolster the ICE flagship offering.

JSW MG Motor India’s March results highlight a balanced yet EV-heavy strategy that has helped it close FY26-27’s first quarter (Q1 FY27, or calendar Q1 2026) with 16,319 units, up 16.92% YoY. As the Indian auto market evolves rapidly toward electrification, MG’s focus on accessible EVs like the Windsor and Comet, combined with refreshed ICE offerings, positions it well for sustained growth in a competitive landscape.

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