GM India to invest US$134.9 million on Talegaon plant

General Motors (GM) India said it plans to invest another Rs 4-6 billion (US$89-133 million) in its Talegaon car and engine manufacturing facility in Maharashtra. The company wants to double the plant’s annual capacity from 140,000 cars and 160,000 gasoline and diesel engines. “Our total investment at Talegaon will go up to over Rs 22 billion (US$494 million) after we invest the remaining amount within the next two years,” said P. Balendran, vice president. GM India’s other facility in Halol, Gujarat, is being converted into a global manufacturing hub for light commercial vehicles (LCVs). Output of models currently being produced in Halol, which include the Chevrolet Cruze, will be transferred to the Talegaon facility. (July 5, 2011)