Mary Barra Visited India to Highlight Its Industry Importance
This week, GM CEO Mary Barra visited India for what GM calls “fact-finding,” as the automotive industry prepares for India to become a much larger player in the market. In fact, General Motors anticipates that India will be among the world’s three largest automotive markets by 2020, despite its current low vehicle population. The young middle class is growing in India at an alarmingly fast rate, producing the need for many more vehicles on Indian roadways.
Among Barra’s stops on the trip were GM manufacturing facilities, GM suppliers in Pune, and Prime Minister Narendra Modi’s office. Barra was accompanied by Tim Solso, the non-executive chairman of the GM Board of Directors; Stefan Jacoby, executive vice president and president of GM International, who today will address the Society of Indian Automobile Manufacturers in new Delhi; Chuck Stevens, the GM executive VP and CFO; and Arvind Saxena, the GM Indian president and managing director.
Barra stopped by the Talegaon manufacturing facility in Pune to celebrate the production of the first Chevy vehicle for export, to Chile. She also stopped by dealerships in the country and congratulated Prime Minister Modi on his recent victory and personally thanked him for supporting GM India.
Barra stated, “GM is working to better understand the Indian market so we can give Indian customers what they deserve – safe, high-quality Chevrolet vehicles with exceptional designs that exceed expectations.”
Barra also announced that GM will be launching 40 new cars in India and other markets outside of China, Europe, and North America.
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