Chinese automaker MG Motor India is looking into the possibilities of establishing a second plant in the nation.

Currently, the company operates a manufacturing plant in Halol, Gujarat, with a capacity of 1.2 lakh units per year.

"We are exploring the option of putting up a second plant in India. It generally takes two to three years for a new plant to come into stream", Gaurav Gupta, deputy managing director of MG Motor India said on Wednesday evening. The company has not identified so far the location of the possible second plant.

Starting operations in India four years back in 2019, the company is presently having five models and selling around 5,000 units per month. Out of the five models, two are electric vehicles (EV), he said.

Gupta said the company plans to introduce a new model every year in India, either on the EV or ICE (internal combustion engine) platforms.