General Motors India, a wholly owned subsidiary of General Motors Corporation, has decided to increase production capacity at its car manufacturing plant in Halol, Gujarat, from 25,000 per year to 50,000 a year.
GM, which has invested Rs 925 crore in the Halol plant so far, will pump in Rs 1,380 crore more by the end of the current fiscal.
The automobile major has also decided to expand its marketing network during the fiscal.
Aditya Vij, president and managing director of GM, said on Friday that by 2005, the company intends to invest Rs 1,600 crore in the Halol plant.
