Amid rumours that US-based carmaker General Motors (GM) is in advanced talks to sell its manufacturing facility in Pune, the company said that India would continue to be an important and exclusive destination to source small sub-4 metre cars for its global market.
The company, which currently produces one model -- the Beat, in this facility, is planning to manufacture one more product in India for the global markets.
There were reports that the company was in talks with JSW Energy to sell its Pune facility and that it was valued at around Rs 30-35 billion.
After unveiling a