Struggling to turn around its operations in this country, US-based automobile maker General Motors India (GM) has almost turned its Talegaon (near Pune) factory into an export base for its small car, the Beat.
The company’s domestic sales are a shadow of its past, having slipped to 24,505 units in the first 11 months of this financial year, from 110,000 units in 2011-12. In the period, GM India exported 64,823 units, up 111.6 per cent annually. This at a time when overall export of passenger vehicles from India have grown 16.3 per cent.
GM started focusing on export in the