Great Wall Motors India subsidiary (GWM Motor Group) yesterday, signed a memorandum of understanding (MoU) with the State Government of Maharashtra in presence of the Chief Minister of Maharashtra, Uddhav Thackeray and Sun Weidong, Chinese Ambassador to India.
Through the MoU, the Chinese SUV manufacturer officially announced an investment in the state-of-the-art automotive manufacturing facility in Talegaon, Maharashtra.
"This would be a highly automated plant in Talegaon with advanced robotics technology integrated in many of the production processes," said Parker Shi, Managing Director of the Indian subsidiary of GWM. "Overall we are committed to $1 billion of investment in India in a phased manner, which is directed towards manufacturing world-class intelligent and premium products, R&D center, building supply chain and providing jobs to over 3000 people in a phased manner.”
The MoU was signed in a virtual meeting between James Yang, President and Parker Shi, Managing Director, of the Indian subsidiary of GWM, along with Sun Weidong, Chinese Ambassador and Honorable Minister of Industries, Govt. of Maharashtra, Subhash Desai in the presence of Maharashtra CM, Uddhav Thackeray.
Along with the automotive manufacturing facility, GWM plans on setting up an R&D facility in Bengaluru, the company estimates both these facilities is expected to generate employment for over 3000 people in a phased manner.
In January this year, GWM had signed an agreement to acquire the Talegoan plant from General Motors. The factory covers an area of around 300 acres in Talegaon Industrial Park and has facilities like logistics distribution center, training center, project management building, administrative office building, and public facilities center.
The Chinese automaker owns Haval, GWM electric vehicle and GWM pickup brands. GWM includes a range of products from ICE vehicles to EVs, hybrid, and other new energy models. Currently, GWM is actively developing hydrogen fuel cell vehicles.
GWM signs MoU with Maharashtra Govt for state-of-the-art manufacturing facility in Pune
Industry News
ETN News
17th Jun 2020
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