The state of the art facility cost GM an investment of $230 million. It has a yearly capacity of some 160,000 engines and has the possibility to be further expanded. It will commence production of powerplants for small passenger cars manufactured by GM in India.
"This marks the beginning of GM's next chapter in India." GM India President and Managing Director Karl Slym said. "The opening of our new facility will enable our company to become more competitive and keep up with the growing demand for our vehicles. GM India's sales have grown significantly since we began rolling out our mini-cars, the Chevrolet Spark and Beat, at our Talegaon plant about two years back”
Slym added, "We appreciate the support of the Maharashtra government and our employees across the country. Their backing has enabled us to build a world-class engine facility in record time of less than two years."
An agreement between GM and the Government of Maharashtra has been signed on Aug. 28, 2008, concerning the construction of a new engine plant adjacent to its vehicle manufacturing facility. Construction started in December 2008, with production testing beginning in March 2010.
General Motors India has completed 14 years of existence. The Chevrolet range was introduced in India in 2003 and has become one of the fastest-growing automotive nameplates in the country. In addition to the Spark and Beat, GM India also produces the Captiva, Optra, Cruze, Aveo, Aveo U-VA, and Tavera for sale nationwide.
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