Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

General Motors announces $1 billion investment in India

July 30, 2015, 10:36 AM IST by Pratheek Kunder
General Motors announces $1 billion investment in India

General Motors will invest $1 billion in India as a part of their long-term growth strategy. This announcement was made by Mary Barra, global CEO, General Motors, who was on her second visit to India.

This new investment is expected to create around 12,000 jobs for the company and its suppliers. Majority of this investment will be done at the company’s Talegaon facility in Maharashtra. Also, GM India will cease the operations of its Halol plant in Gujarat by the second half of 2016, to consolidate its India operations. 

With the help of this investment, the American manufacturer will roll out a completely new vehicle family which will have around 10 products. These vehicles will be rolled out within the  next five years and will be produced at their Talegaon facility. This facility has a production capacity of 130,000 vehicles which will be increased to 220,000 vehicles by 2025. It will also become a global export hub for GM, with more than 30 per cent of its annual production planned for markets outside India.

“We are delivering on our promise and doubling our investment in India. This will allow us to provide our Indian customers the great vehicles they want and the world-class customer experience they deserve. It will also support the government’s Make in India program," said Mary Barra.

Show CommentsHide Comments
  • Upcoming Cars

Mahindra e20 NXTMahindra e20 NXT

Jul 2019

6L - ₹ 8L
Mahindra eKUV100Mahindra eKUV100

Dec 2019

8L - ₹ 9L
Jeep RenegadeJeep Renegade

Jan 2020

12L - ₹ 17L
BMW New X5BMW New X5

Apr 2019

70L - ₹ 90L
Mercedes-Benz GLE NewMercedes-Benz GLE New

May 2019

65L - ₹ 80L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in