GM Motros launching new project

Published On Dec 02, 2008 05:23 PM By Vikas

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In a major move General Motors want to make a move in developing India as a Asia-Pacific position for as to make it a power-train place. The move has been made forth in-spite of the present terror attacks going in our nation. So in order to create a positive impact on the big dealers and investors of the nation this big deal has been made by the General Motors. The company is all set to launch a new car along with power train manufacturing facilities, all at the investment of $500 million. Moreover the company officials are also willing to bring 500 new employees to the company. This new foundation would be laid in this country at the engineering facility available at the Bangalore. It would be a new foundation at Bangalore.
  Besides India, General Motors is also willing to develop this hub at Australia, China and Korea also. Among the 500 selected people 300 would be employed in engineering department and while the other 200 would be employeed in manufacturing department at the Talegaon branch. Besides this the company is also willing to employ nearly 1,600 people in the engineering and research and even the development department which is situated at Bangalore. All there by increasing the human power strenght at there. The power train has a capacity to develop a net of 200,000 engines a year. General Motors is willing to increase the unit production by 300,000 per year.

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4 comments
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manoj
Dec 8, 2008, 6:03:18 PM

this is good idea of GM, launch new project. GM's positive performance is consistent across all its major brands. GM's premium brands have also experienced outstanding sales performance.

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    raj
    Dec 5, 2008, 7:03:20 PM

    Hello all, I am happy for General Motors launch new project. I think share price rising and market going forward.

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      ruchika
      Dec 5, 2008, 6:20:37 PM

      I think it's good news for indians. GM anounce $500 million investments and creating New jobs. helpful for jobseekers.

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