General Motors plans to hire 500 new workers at its Talegaon plant in Maharashtra, India. The company is facing tough times back home but it has big expansion plans lined up for India. It is also planning to launch its small car in India to capture a larger market segment.
"Recruitment is on at full swing in India and we plan to hire as many as 500 new workers for our Talegaon plant in the coming months," GM India president and MD Karl Slym. Company has started its production at the Talegaon manufacturing unit in September only. This manufacturing unit will also be a power train facility for the company. It has already hired 700 workers at the factory and plans to hire more. General Motors already has a plant in Halol in Gujarat.
General Motors will also increase production of its mini car “Spark” in India. All these steps from General Motors are quite contrary to the company’s grim situation in the US where it badly needs Federal support and its bailout plan to sustain itself. "We are self sufficient here and all our plans are intact and on course," he said. P Balendran, director and VP at GM India, said the company was making operating profits since 2004. "We are a debt free company and most of our expansion plans are being met through internal accruals," he said.