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Chinese Great Wall Motors to Enter India

Auto News - Published on Tue, 12 Nov 2019

Image Source: cdn1.i-scmp.com
subsidiary and is planning to invest close to INR 7,000 crore in the country. As per media report, the Indian subsidiary Haval Motor India with its office in Gurgaon was registered before October but may set up another corporate entity here under the name of Great Wall to be eligible for the low corporate tax rate of 15%

The company is looking at both greenfield and brownfield options and has been scouting for sites in at least five states Maharashtra, Gujarat, Karnataka, Andhra Pradesh and Tamil Nadu.

Source :

Posted By : Arun Huidrom on Tue, 12 Nov 2019
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