PM’S Make: In India mission has started showing its impact. General Motors CO. (USA) has now decided to invest nearly $5 billion by 2020. General Motors Company has decided to take this step to boost their sales in emerging and a very big economies like India.
Senior Executives of the company know that they cannot be global leaders without seriously considering the market in India. GM’s CEO Marry Barra that company is committed to invest in India to execute its expansion plan.
She said company is planning to launch 10 new vehicles in next 5 years.
Presently, General Motors share in Indian market is nearly 8% and company in infusing this capital with a target to double its market share.