Great Wall Motors Invests $1 Billion in India

  • Hot
  • Published On: 17 June 2020
  • Views
  • 0 Comments
  • Likes
  • 2 min read
  • Download

GWM acquires plant in Maharashtra; signs an MoU with Maharashtra Government

Great Wall Motors Investments
  • Great Wall Motors Investments

Great Wall Motors takes another step to enter into the Indian market by signing an MoU with the Maharashtra Government for setting up a production facility in the state. GWM is making a phased investment of $1 billion in the country. The investment is being done in the automotive manufacturing facility in Talegaon, Maharashtra. The company acquired the plant in January from General Motors. Furthermore, the plant will be equipped with the latest technology along with its R&D center in Bengaluru that would generate employment for over 3000 people in a phased manner.

Great Wall Motors

“We would like to thank the Maharashtra government for extending full support and helping us foster long and mutually beneficial cooperation that hopefully will turn out to be a great business proposition for both. This would be a highly automated plant in Talegaon with advanced robotics technology integrated into many of the production processes. Overall we are committed to 1 Bn US$ of investment in India in a phased manner, which is directed towards manufacturing world-class intelligent & premium products, R&D center, building supply chain and providing jobs to over 3000 people in a phased manner,” commented Parker Shi - Managing Director, of the Indian subsidiary of GWM.

According to the automaker, the whole MoU signing ceremony was performed via a virtual meeting between James Yang - President, Parker Shi - Managing Director, of the Indian subsidiary of GWM, Sun Weidong – Chinese Ambassador, Honorable Chief Minister of Govt. of Maharashtra, and Subhash Desai- Honorable Minister of Industries, Govt. of Maharashtra. 

Great Wall Motors is particularly known for its SUVs. The company is aiming to increase the demand for such vehicles in the Indian market. It will be producing EV and SUV models at the plant. Apart from this, GWM has also supported India to fight the pandemic through various initiatives. The company has been actively distributing items of personal hygiene and dry ration kits, to support households in need in various parts of Pune.

Read Also: Honda Civic BS6 Diesel Variant Bookings Commences in India

Author: Samreen Pall

A Computer Science graduate but a writer at heart, Samreen has one motto that she swears by: 'Everything is dull and useless if it has no drama in it.' This motto comes to life through her writing and storytelling style. She is the Senior Lead - Content Writer at Droom Technology currently and has a total experience of 5 years. In the past, she has worked with renowned brands while creating and curating amazing content for these brands. She is an avid traveller and loves a quiet sunset on a mountain top. more

Search Your Dream Vehicle

Select Category

  • Bikes
  • Scooters
OR

Recent News

Benelli 502C India Launch on July 29, 2021
Published On : 28 July 2021 | 1 min read

Benelli 502C will be offered in two color choices namely Matte Cognac Red and Glossy Black

Click here to Read More
COVID-19 India: Daimler Starts Free Vaccination for Truck Drivers
Published On : 28 July 2021 | 1 min read

The company inoculated over 60 drivers on the first day at its Oragadam Plant

Click here to Read More
Diesel Home Deliveries Start in Delhi
Published On : 28 July 2021 | 1 min read

BPCL joins hands with Humsafar India to deliver diesel to your doorstep through its 20-litres jerry cans.

Click here to Read More
Pure EV Extends the Warranty Policy for its Electric Vehicles
Published On : 28 July 2021 | 1 min read

The new extended warranty policy covers key power-train components (Battery, Motor, Controller) for all the products

Click here to Read More
Toyota India Announces 8 Years Warranty on Hybrid Vehicles
Published On : 28 July 2021 | 1 min read

This new warranty will be applicable on the brand’s Self-charging Hybrid Electric Vehicles (SHEVs) which includes Camry and Vellfire

Click here to Read More
Ford Aspire to Come with a 6-speed Automatic Gearbox
Published On : 28 July 2021 | 1 min read

The new Ford Aspire AT variant is expected to be launched in the coming months in India

Click here to Read More