- 2 hrs ago Omega Seiki Electric Three-Wheelers With Log 9 Battery Pack Takes 30 Minutes For Full Charge
- 4 hrs ago Piaggio India Opens 100 dealerships In 100 Days: A New Milestone Achieved!
- 5 hrs ago White Carbon Motors GT5 Electric Scooter Launched In India: Prices Start At Rs 1.15 Lakh
- 5 hrs ago The Largest Business Jet Gets Features From Rafale Fighter: Dassault Falcon 10X Unveiled
- Sports IPL 2021: When Kuldeep Yadav felt he wasn't the same bowler he used to be
- News Maharashtra Cabinet favours lockdown till May 31; Vaccination for 18-44 age group halted
- Movies After Rajev Paul, Sasural Simar Ka 2’s Vibha Bhagat Tests Positive For COVID-19
- Finance 11 Top 5G Tech Stocks To Invest In India 2021 Which May Become Multibaggers In This Decade
- Lifestyle Priyanka Chopra Jonas’ Goddess Kali Jacket Has Gone Viral; Some Don’t Like It But We Love It; Details Inside!
- Education Akshaya Tritiya 2021: Know The Significance Behind The Celebration Of This Festival
- Travel Places To Visit In Puducherry In May 2021
- Technology Poco M3 Pro 5G Launch Scheduled On May 19; Another Rebranded Redmi Smartphone?
Great Wall Motors' entry into the Indian market has taken a small detour from their initial plans. This change comes as the Government of Maharashtra has frozen all the investments of the Chinese automaker due to ongoing tensions between India and China.
Previously, the Chinese automaker had planned a direct entry into the mainstream market with locally-assembled or manufactured cars. However, permissions for further investments have been frozen and delays in FDI approvals have hampered Great Wall Motors' strategy for India.
As Great Wall Motors Initial plans to capture the Indian market have crumbled, they have now planned to approach the Indian market through niche segments with the launch of a D-segment SUV and B-segment electric hatchback. Both models will either come in as a CBU or CKD.
We expect the upcoming B-segment electric SUV/Hatchback to arrive in India as a CBU model, whereas the D-segment SUV is more likely to be a CKD to keep the costs in check. Great Wall Motors is already on track to implement its new plans as their President of India Operations is already back in India along with a few experts from the production and engineering team.
Although Great Wall Motors is positive about getting FDI approval from the Central Government by the end of the second quarter of FY2022, there are few challenges ahead of them and one of them is the ongoing dispute between the workers and General Motors India. This is taking place at the Talegaon facility, which the company acquired from General Motors last year.
Meanwhile, Great Wall Motors' mid-size SUV, the Haval H6 is already undergoing homologation at the Automotive Research Association of India (ARAI).
Thoughts On Great Wall Motors' Entry In The Indian Market
Despite strong sentiments against China and products/businesses of Chinese origin, and the automobile sales slump, we have witnessed the growth of Chinese owned MG. If Great Wall Motors need a similar level of success, they will need to bring in a strong product with a large enough dealer network.