GM has High Hopes for India
?With a relatively small vehicle population and rapidly growing, young middle class, India is expected to become one of the world?s three largest markets by 2020.? GM CEO Mary Barra riding inside GM India?s first export heading to Chile. GM CEO Mary Barra visits India on a fact-finding mission, where she met with Indian Prime Minister Narendra Modi and key stakeholders throughout the country. To date, GM has invested approximately $1 billion in India with 2 manufacturing facilities, Talegaon and Halol. The two combined can produce more than 280,000 vehicles per year showing there is room to improve productivity. Most single site plants can produce anywhere from 300 to 500,000 vehicles or more per year.