General Motors India has rolled out it’s first vehicle for the export markets. GM India had disclosed earlier this year that the company will commence export operations in the second half of the year from its Talegaon facility starting with the Chevrolet Beat hatchback. The first export market for the company will be in Chile.
To participate in this celebration, CEO of General Motors, Mary Barra visited India between 9-11 September accompanied by Tim Solso, non-executive chairman of GM, Stefan Jacoby who is the executive vice president and president of GM International, Chuck Stevens who is GM executive vice president and chief financial officer and Arvind Saxena who is the GM India president and managing director. All of them also met the employees of the company, suppliers and some government officials.
A meeting was held with the top suppliers in India to discuss on the opportunities for global parts sourcing. CEO Mary Barra also met the Prime Minister of India, Mr. Narendra Modi during her visit.
General Motors plans to launch 40 new products in the near future including in the Indian marketplace. GM has reportedly suffered a loss of Rs. 2,740 crore in it’s two decades of existence in the Indian market and now plans to bring the right product in the right segment.