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Gm Talegaon Plant

Hyundai buys GM's Talegaon plant, will invest Rs 6,000 cr in Maharashtra

Plant will be 'catalyst' in achieving Hyundai India's target of achieving one million annual production capacity, says company

Hyundai buys GM's Talegaon plant, will invest Rs 6,000 cr in Maharashtra
Updated On : 19 Jan 2024 | 11:39 PM IST

Hyundai completes Talegaon plant acquisition, to invest Rs 6,000 cr in Maha

Hyundai Motor India on Friday said it has completed the acquisition of General Motors India's manufacturing plant at Talegaon in Maharashtra. The country's second-largest carmaker also announced that it will invest Rs 6,000 crore in Maharashtra as part of an agreement inked between the company and the state government in Davos. The acquisition of the Talegaon facility has been completed after the fulfilment of certain conditions and the receipt of regulatory approvals from relevant government authorities and relevant stakeholders, Hyundai Motor India said in a statement. "India is a very important market for Hyundai Motor Company, and we are committed to provide benchmark creating products and technologies to Indian customers," Hyundai Motor India Ltd (HMIL) MD & CEO Un Soo Kim said. As the company looks forward to the next decade of progress, it is critical to augment manufacturing capacity in India, he added. "The Talegaon manufacturing plant will play the role of a catalyst in

Hyundai completes Talegaon plant acquisition, to invest Rs 6,000 cr in Maha
Updated On : 19 Jan 2024 | 12:18 PM IST

Forging hope amidst closure: New beginnings for GM's Talegaon Plant?

The workforce at the facility holds onto aspirations of resurgence, hopeful for opportunities with Hyundai's asset transfer deal

Forging hope amidst closure: New beginnings for GM's Talegaon Plant?
Updated On : 22 Aug 2023 | 11:17 PM IST

GM starts exporting Chevrolet Beat from Talegaon unit to Latin America

General Motors announced that it would stop selling its vehicles in India by 2017-end

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Updated On : 26 Jun 2017 | 3:04 PM IST