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General Motors might favour Maharashtra for new plant

Saturday, 10 Jun 2006
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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)

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