General Motors is actively considering
Maharashtra as the location for its proposed greenfield automobile project. A GM
team has already conducted soil investigation at Talegaon (Pune district) and a
series of meetings between the company and state government officials have
already been held.
GM has shortlisted Maharashtra and
Tamil Nadu as possible locations for its 2 lakh cars per year plant targeted to
commission by 2010. The plant will essentially produce Chevvy Spark
- a small car.
The US-based automobile giant already
has a plant at Halol in Gujarat where capacity is being significantly enhanced
to 85,000 cars per year from the current 65,000 cars per year. The Halol plant
that began operations with a capacity of 25,000 cars per year saw a major
capacity ramp-up in April 2005.
GM has so far spent Rs.1,200 crore on
its Halol plant and is investing another Rs.150 crore for the capacity expansion
to 85,000 cars per year.
Also See:
General Motors
plans manufacturing facility (02-Feb-06)