GWM Signs Memorandum of Understanding With Maharashtra Government

• Great Wall Motors had acquired General Motors’ older plant in Talegaon.
• It’ll be investing in a R&D centre in Bengaluru.

Great Wall Motors has announced that it has signed a Memorandum of Understanding with the Maharashtra government on June 16, 2020. The virtual signing ceremony took place between the top officials of GWM and Uddhav Thackarey, Honourable Chief minister of Maharashtra, announcing the investment of a manufacturing facility in Talegaon, Maharashtra.  

It must be mentioned that Great Wall Motors had acquired this plant from General Motors. Spanning 300 acres, this plant features facilities like a training centre, logistics distribution centre, project management building, administrative office building and public facilities centre. 

 

Moreover, GWM has stated that it’ll be investing USD 1 Billion (Rs 7607 crore) in a phased manner in its Indian operations. The carmaker will also open an R&D centre in Bengaluru. GWM will launch its SUV under the sub-brand Haval and the first SUV is expected to roll out by mid-2021. The carmaker was present at Auto Expo 2020 and you can have a look at its SUVs right here.

Press Release:

GWM signs an MOU with Maharashtra government, reaffirms its commitment for India

New Delhi, 16 June 2020: Marking a major milestone in its Indian journey, GWM today
announced the signing of an MOU with the Maharashtra government in presence of the
honorable Chief Minister of Maharashtra, Mr. Uddhav Thackeray and Mr. Sun Weidong,
Chinese Ambassador to India today. The MoU officially announced the investment in the
state-of-the-art automotive manufacturing facility in Talegaon, Maharashtra. The plant will
be equipped with latest world-class technology and along with the R&D centre in Bengaluruwill generate employment for over 3000 people in phased manner.

The signing in ceremony was done via a virtual meeting between Mr. James Yang -
President, & Mr. Parker Shi - Managing Director, of Indian subsidiary of GWM, along with
Mr. Sun Weidong – Chinese Ambassador and Honorable Minister of Industries, Govt. of
Maharashtra, Mr. Subhash Desai in the presence of Honorable Chief Minister, officially
announcing investment in Talegaon for a fully modernised and state-of-the-art
manufacturing facility.

Commenting on this commemorative feat, Mr. Parker Shi, said, “We would like to thank the
Maharashtra government for extending full support and helping us foster a long and
mutually beneficial cooperation that hopefully will turn out to be a great business
proposition for both. This would be a highly automated plant in Talegaon with advanced
robotics technology integrated in many of the production processes. Overall we are
committed to 1 Bn US$ of investment in India in a phased manner, which is directed towards
manufacturing world class intelligent & premium products, R&D centre, building supply chain and providing jobs to over 3000 people in a phased manner.”

Strategically located in Talegaon Industrial Park, Maharashtra, it covers an area of around
300 acres and is close to the expressway. It is about 45 kilometers from Pune city and about
100 kilometers from Mumbai Port.

Recently in January this year, GWM had signed an agreement to acquire this plant from GM.
The factory has facilities like logistics distribution center, training center, project
management building, administrative office building and public facilities center.

GWM is fully committed towards the growth story on the Indian automobile industry and
also as a responsible entity is standing with India to fight the pandemic and its ill effects. In a
recently undertaken activity, GWM distributed items of personal hygiene and dry ration kits,
to support households in need in various parts of Pune. GWM, through this initiative has
made a sincere endeavour to provide both support and emotional strength to a large
population of needy people & migrant workers in many parts of Pune.