Marking a major milestone
in its Indian journey, GWM, a Chinese SUV manufacturer, has signed an MOU with
the Government of Maharashtra in presence of the Chief Minister of Maharashtra,
Uddhav Thackeray and Sun Weidong, Chinese Ambassador to India.
The MoU marks an investment in the state-of-the-art automotive manufacturing facility in
Talegaon, Maharashtra. The plant will be equipped with latest world-class
technology and along with the R&D centre in Bengaluru will generate
employment for over 3000 people in phased manner.
James Yang, President
and Parker Shi, MD, from Indian subsidiary of GWM, along with Subhash Desai, Minister
of Industries, Govt. of Maharashtra attended the ceremony virtually.
Parker Shi, expressed,
“We would like to thank the Maharashtra government for extending full support
and helping us foster a long and mutually beneficial cooperation that hopefully
will turn out to be a great business proposition for both. This would be a
highly automated plant in Talegaon with advanced robotics technology integrated
in many of the production processes. Overall, we are committed to 1 Bn US$ of
investment in India in a phased manner, which is directed towards manufacturing
world class intelligent & premium products, R&D centre, building supply
chain and providing jobs to over 3000 people in a phased manner.”
This facility is strategically
located in Talegaon Industrial Park, Maharashtra. It covers an area of around
300 acres and is close to the expressway. It is about 45 kilometers from Pune
city and about 100 kilometers from Mumbai Port.
Recently in January
this year, GWM had signed an agreement to acquire this plant from General
Motors. The factory has facilities like logistics distribution center, training
center, project management building, administrative office building and public
GWM is fully
committed towards the growth story on the Indian automobile industry and also
as a responsible entity is standing with India to fight the pandemic and its
ill effects. In a recently undertaken activity, GWM distributed items of
personal hygiene and dry ration kits, to support households in need in various
parts of Pune. GWM, through this initiative has made a sincere endeavour to
provide both support and emotional strength to a large population of needy
people & migrant workers in many parts of Pune.