GM to make India Asia-Pacific hub for power-trains

Unperturbed by the Mumbai terror attacks and its ongoing struggle to avoid bankruptcy back home, US auto major General Motors on Monday said it is making India power-trains development hub for Asia-Pacific region.

The company’s Indian subsidiary General Motors India (GMI) has already announced a total of $500 million investments in the country to set up new car and power-train manufacturing facilities and it will be hiring 500 people in the second-half of next year.

“With our engineering facility in Bangalore
as the foundation of our business in India, we are making the country the development hub of power-trains for Asia-Pacific region,” GMI President and Managing Director Karl Slym said. More
Courtesy: indiacar.net

This entry was posted on Monday, December 1st, 2008 at 9:45 pm and is filed under General motors India. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.