General Motors Plans New Indian Engine Plant
Date: Nov 5th, 2007 1:59:00 am - Subscribe
Mood: ungrounded
GM plans to build a new engine plant in India. The news was seen on the net when I was looking for Dodge Durango parts. "We are going to set up a power train facility in India and are evaluating locations," said Karl Slym, the head of GM India.
The engine will be placed on GM models made in India. GM also sells many badges in India and building a plant in India would cut the cost of GM in terms of shipping engines for the Indian car market. This is according to the Chennai-based analyst on the condition of anonymity. They are going to allot a huge budget on the new plant made for these GM car engines. GM has also built plants in India particularly in Halol, Gujarat, where its Tavera, Optra, Aveo and Spark cars are assembled.
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