Turnaround: By shutting local sales, GM's India unit shrinks to grow

Exports rose 19% to 76,644 units in the 11 months ended February 2018

American auto major General Motors’ (GM) India unit is now leaner and fitter after more than two decades of loss-making operations.

Having shut down the local sales business in India last year in May, the carmaker is now inching closer to a profitable operation, driven exclusively by exports. The company is already said to have made some profit in the current financial year.

The amount earned as profit is not known. But a person familiar with the developments said the India arm of the Detroit-headquartered company is in the process of making provisions for expenditure on corporate social responsibility in