In recent news it has been decided by the General Motors India Pvt. Ltd that it will spend approximately $250 million to make bigger its industrial unit at Halol, 46km from Vadodara in Gujarat state, to create five models it campaigns to bring in the nation.

According to president and managing director Karl Slym, they wish to commence production of five fresh vehicles by the conclusion of next year. The latest vehicles are selected from the collection of the Chinese partner SAIC Motor Corp. Ltd and comprises of three passenger cars and two light commercial vehicles.

The US- pedestal General Motors Co. has been connected with SAIC Motor, China’s main car maker, since the 1990s.

These vehicles will be contrived at the Halol plant in Gujarat as it is more appropriate for LCVs since this provision by now creates Chevrolet Tavera, Slym expressed on Wednesday. To make easy this added production, they will invest approximately $250 million to enlarge the Halol competence to 100,000 units per annum from the present 85,000 units.

The manufacturing shall commence by the conclusion of 2011, he added. GMI has be now invested approximately Rs. 2,000 crore in the Halol factory that employs no less than 1,200 people.