General Motors kicks-off exports from India

Image
Akshit Juneja Jaipur
Last Updated : Sep 29 2014 | 8:05 PM IST

Indian arm of the General Motors, today announced that it has commenced vehicle exports to Chile, South America. The first batch of 140 left-hand-drive Chevrolet Beats were shipped from the Mumbai Port Trust of Maharashtra on Sept. 25, which are expected to reach the destination in the next few weeks.

On the occasion, GM India President and Managing Director Arvind Saxena said, “The first shipment of Chevrolet Beats demonstrates our commitment to make our India-built products available in global markets. And we will continue to ship models to Chile on a monthly basis.”

Produced at GM India’s manufacturing facility in Talegaon, Maharashtra, Beat is the company's smallest offering in the country after Spark and brand's best-selling model in the country. Available with 1.2-litre petrol and 1.0-litre diesel unit, the Beat has an ARAI-certified fuel economy of 25.44 kmpl and 18.6 kmpl for the diesel and petrol variants respectively.

“We expect to identify additional export markets going forward. This will help drive capacity utilization at our Talegaon plant.” Saxena added.

As part of GM CEO Mary Barra’s recent trip to India, she participated in the rollout of the first Beat for export on Sept. 10. With a total investment of over $1 billion till date in India, the manufacturer looks forward to develop more than 2,80,000 vehicles per year from its manufacturing at Talegaon and Halol. Currently, the Talegaon manufacturing facility has an annual production capacity of 170,000 vehicles and 160,000 engines.

Source : CarDekho

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 29 2014 | 3:50 PM IST

Next Story