The MoU officially confirms GWM's phased investment of about $1 billion in India. The Talegaon plant & the R&D Centre in Bengaluru are expected to generate employment for up to 3,000 people.
After a well-received debut at the 2020 Auto Expo, Great Wall Motors (GWM) has taken the next step in reaffirming its commitment to the Indian market by signing an MoU with the Maharashtra government. The virtual signing ceremony took place in New Delhi today in the presence of Mr James Yang & Mr Parker Shi (President & MD of the Indian subsidiary of GWM, respectively), Mr Sun Weidong, the Chinese Ambassador to India and the honourable Chief Minister of Maharashtra, Mr Uddhav Thackeray.
Sharing his thoughts on this long-term association, Mr Parker Shi said, 'We would like to thank the Maharashtra government for extending full support and helping us foster long & mutually beneficial cooperation that hopefully will turn out to be a great business proposition for both.'
In January 2020, GWM India had acquired GM's 300-acre plant in Talegaon, Maharashtra. Then, at the 2020 Auto Expo the following month, we got a chance to sit down with Mr Hardeep Singh Brar, Director - Marketing & Sales, GWM India for a detailed chat about GWM's plans for India.
You can find out more about GWM's India debut by watching the video below.