GWM commits USD 1 bn investment in India


PTI, Feb 5, 2020, 3:02 PM IST

Greater Noida: China’s largest SUV manufacturer Great Wall Motors (GWM) on Wednesday said that it will invest USD 1 billion in the Indian market in a phased manner.

The USD 1 billion (about Rs 7,100 crore) investment will be made in areas like research and development, manufacturing, sales and marketing, GWM Marketing and Sales Director (India) Harpreet Singh Brar said at the Auto Expo here.

The company also intends to use manufacturing capabilities in India to export to other countries, he added.

GWM has a research facility in Bengaluru. Recently, it also inked an agreement to acquire General Motor India’s Talegaon facility.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Kanhaiya Lal murder accused attacked at Jaipur court

Ship sinks in storm off Hong Kong, dozens of crew in danger

Police claim of Zubair’s bail being denied ‘scandalous’: Defence counsel

Bengaluru: Father-son duo blackmail woman with private videos

Sullia: 4-year-old boy dies after being electrocuted

B’luru: Cop’s wife accuses him of raping stepdaughters; requests CBI probe

Bumrah breaks Lara’s world record, smashes Broad for 29 runs as 35 comes off single Test match over


Related Articles More

Reliance Industries stock tumbles over 7 pc; ONGC tanks more than 13 pc

RBI ask banks to test note sorting machines on quarterly basis

India’s manufacturing sector activity eases to 9-month low in Jun amid price pressure

Bajaj Auto sales at 3,47,004 units in June

Govt hikes gold import duty to 15 pc

MUST WATCH

India’s first unmanned combat aircraft flight successful

How to earn God’s grace?

NEW BULLETIN 01-07-2022

Heavy Rain Mallar Urdu school Damage

Heavy rain at kaup area


Latest Additions

Kanhaiya Lal murder accused attacked at Jaipur court

Ship sinks in storm off Hong Kong, dozens of crew in danger

Refuting Congress charge, BJP says Udaipur murder accused not its member

Police claim of Zubair’s bail being denied ‘scandalous’: Defence counsel

Bengaluru: Father-son duo blackmail woman with private videos

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.