General Motors To Export Cars From India

By Ajinkya

Updated: Tuesday, February 18, 2014, 16:49 [IST]

General Motors India Ltd is ready to export cars from its Talegaon plant, Maharashtra. So far the company was exporting components to Nepal, Bangladesh and Sri Lanka.

The plant has an annual capacity of 1,60,000 units, however only 40% of the manufacturing possibility is utilised. The plant currently manufactures Beat, Sail U-VA and Sedan.

The Beat has sold 50,628 units in 2012, however sales declined to 39,041 units in the previous year. GM's second plant at Halol manufacturers the Spark, Enjoy and Tavera. The Second plant rolls out 1,10,000 vehicles per year.

The Beat hatchback will be most likely manufactured in India and exported out. The car is believed to be a hit among South Africa, Europe, Gulf and South East Asia. The Sail U-VA too could be manufactured for export markets.

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General Motors India had intentions to begin exports in 2012 itself, however the market at that point was booming, hence the plan got delayed.

GM doesn't have a compact SUV on offer in India, which has curtailed their growth to an extent. Their competitors have been doing well in the segment, however a concept was revealed. There is a long way before the concept goes into production, this could further dent their profits.