Great Wall Motor – Maharashtra deal

Great Wall Motor – Maharashtra deal

Question : Great Wall Motor is a —
(a) Chinese automaker
(b) South Korean automaker
(c) Japanese automaker
(d) German automaker
Answer (a)
Related facts

  • Great Wall Motor, the latest Chinese automaker to enter the Indian market, signed a memorandum of understanding with the Maharashtra government on 16th June,2020.

Talegaon manufacturing plant

  • Earlier, in January this year, GWM had signed an agreement to acquire this plant from GM.
  • The company had announced that it will be investing $1 billion in the Indian market during the Auto Expo in February this year.
  • Under latest deal, company agreeing to invest in modernising its Talegaon manufacturing plant and generate employment for 3,000 people.
  • This would be a highly automated plant in Talegaon with advanced robotics technology integrated in many of the production processes.

By – Pankaj Pandey

Link :
https://economictimes.indiatimes.com/industry/auto/auto-news/chinas-great-wall-motor-signs-mou-with-maharashtra-to-invest-usd-1-bn/articleshow/76403862.cms?from=mdr