Zee News

Hyderabad, Aug 8: General Motors India, the automobiles major has invested USD 300 million in its Gujarat plant where the existing facility of 60,000 units had been increased to 85,000 units, Karl Slymn, president and MD, GM told media in Hyderabad on Friday August 8.

He said GM market has been increased by 30 per cent during the current year while the company has initiated process of constructing more plants in Gujarat, Bangalore and Maharashtra and the production may go up by 3 lakh units in near future.

Slym said in a move to further strengthen its global presence and provide world-class design services to GM's operations in India and other parts of the world, General Motors India opened the GM India Design Studio in Bangalore last year with an investment of USD 200 million.

He said General Motors Corp. and the Indian Institute of Technology Kharagpur (IIT KGP) have announced plans to carry out joint research in the areas of electronics, controls and software (ECS). The partners also announced that a new educational curriculum would be jointly developed leading to a post-graduate degree in these fields.

GM India's second plant is fast coming up at Talegaon, near Pune in Maharashtra in September 2008. It will have an initial annual production capacity of 1, 40,000 vehicles, Slym said adding that so far GM invested about USD 1 billion in India.