New Delhi
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 facilities center.
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.