General Motors India Private Limited
 |
|
| Industry | Automotive |
|---|---|
| Founded | 1995 |
| Headquarters |
Halol (Registered Office) Gurgaon (Marketing Office) |
|
Key people
|
Mr. Kaher Kazem, President and MD |
| Products | Automobiles |
|
Number of employees
|
4,000 |
| Parent | General Motors (93%) |
| Subsidiaries |
Opel India Private Limited Chevrolet Sales India Private Limited |
| Website | chevrolet |
General Motors India Private Limited is a partnership between General Motors and SAIC that is engaged in the automobile business in India. General Motors has 93% stake in this partnership and the remaining 7% is held by SAIC. It is the 5th largest automobile manufacturing company in India after Maruti Suzuki, Hyundai, Tata Motors and Mahindra.General Motors India started its journey in 1996 in India and has completed 18 years of operation in India.
General Motors began doing business in India in 1928, assembling Chevrolet cars, trucks and buses, but ceased its assembly operations in 1954. GM continued with tie-ups with Hindustan Motors to build Bedford trucks, Vauxhall cars, Allison Transmissions and off-road equipment.
In 1994 GMIPL was formed as a joint venture, owned 50 percent by Hindustan Motors and 50 percent by General Motors, to produce and sell Opel branded vehicles. GM bought out the Hindustan Motors interest in 1999. GMIPL continued to produce Opel cars at the Halol facility until 2003, when it started production of Chevrolet vehicles at that location.
In 2000, GMIPL moved its headquarters to Gurgaon. In 2003, the company opened its technical center operations in Bangalore, which included research and development and vehicle engineering activities. The technical center operations were expanded to include purchasing and financial support services for General Motors operations located outside of India (2006), vehicle engine and transmission design and engineering (2007) and a vehicle design studio (2007).
GMIPL began construction of a second vehicle assembly plant in Talegaon in 2006, which began production of Chevrolet vehicles in September 2008.
In late 2009, General Motors announced that it would put its India operation into a 50-50 venture with Shanghai Automotive Industry Corporation of China, which is the partner of GM's main venture in China.
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Wikipedia