December 02, 2008

GM plans power train manufacturing facility in Pune

BL reported that General Motors is planning to invest INR 1,000 to INR 1,200 crore to set up a power train manufacturing facility at its Talegaon plant near Pune.

GM is expected to sign a MoU with Maharashtra government for the purpose by mid July 2008. The power train plant will have a capacity to produce 200,000 units per annum. Besides using the facility for manufacturing engines and gear boxes for the spark model, the Talegaon facility will be also used for export.

It has already invested around INR 1,400 crore in setting up the facility to manufacture the spark model. The first car from the plant is expected to roll out from September 2008. The car manufacturing plant has a capacity of 130,000 units per annum.