GM India today announced that it would be recruiting about 1,000 people from India by the year 2012 with its plans for expanding its current production base capacity by about 80% to a 4.1 lakh units p.a. The car maker has 2 production units one at Halol in Gujarat and another at Telegaon in Maharashtra. The company plans to invest $500 million by the end of this year so as to increase the capacity while consolidating its R&D activities.
The company President and MD Karl Slym quoted that in order to expand in the country they would be requiring more manpower and so by the end of 2012 they would be recruiting about 1,000 people. These new people will be recruited at the R&D division at Bangalore and at both the plants the company has in the country.
At the present moment GM employs around 4,000 people and approximately half of them are involved in the R&D activities at the company’s base in Bangalore. Also the company plans to expand its production capacity at Halol to 1.1 lakh units annually from just 85,000 units at the moment. Whereas, the company plans to increase its production capacity to 3 lakh units from its existing 1.4lakh units.
- Free trade agreement talks between India and Australia
- 401 (K) Savings Plans and Big Banks
- PayPal Announced More Than 150 new jobs For People Financial Support
- 6 killed and about 10 people injured in an attack in Iraq’s Baquba
- Immigrant entrepreneurs going out of U.S.?
There are no comments yet. Why not be the first to speak your mind.