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GM to invest US$1 billion in India & roll out 10 new models within 5 years

By Niranjan Mudholkar,

Added 30 July 2015

To focus on single location at Talegaon and shut down the Gujarat plant

GM's Talegaon facility. Courtesy: GM India

GM India is expected to roll out 10 new locally produced Chevrolet models within the space of five years. They include the Trailblazer SUV, which will go on sale in October of this year, and the Spin MPV, which will reach the market in early 2017.

Talegaon, which currently has a production capacity of 130,000 vehicles, will increase its base capacity to 220,000 vehicles by 2025.  It will also become a global export hub for GM, with more than 30 percent of its annual production planned for markets outside India.

To rationalize its domestic manufacturing operations, Chevrolet will cease production at its Halol facility in the state of Gujarat by the second half of 2016.

"Consolidating our manufacturing in a single location in India will support the long-term sustainability of our business in a challenging emerging market," said Saxena. "This is not a decision that we are making lightly and we are committed to treating those impacted respectfully," said Saxena.

Chevrolet has communicated directly with employees at the Halol facility and will have more information to share at a later date.

GM was established in India in 1996 in Halol.  Its Talegaon facility was established in 2008. GM also operates the GM Technical Center-India in Bangalore, which was established in 2003.  India offers a broad lineup of locally built Chevrolet products. In 2014, it sold 56,700 vehicles, giving it market share of 1.8 percent.
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