General Motors India, the joint venture company of General Motors US and Shanghai Automotive Industry Corporation China, is looking to sell small capacity engines made from its Maharashtra plant to companies willing to have a sourcing pact with it.
The fourth biggest car making company in India has set up a 300,000 engines per year capacity plant in Talegaon near Pune and is now looking to become an outsourced partner for any of the vehicle manufactures in India or abroad.
The plant is GM’s first powertrain unit that enables petroleum and diesel engines to be manufactured simultaneously. The USD 230 million plant began manufacturing last November and presently makes engines for the Chevrolet Beat
Mr Karl Slym president and MD of GM India said that “We plan to sell 300,000 vehicles per year by 2013. So if I need to sell 300,000 engines (per year) domestically (now), then I need to start filling the gap. I have always been open and I am happy to buy or sell engine as long as it makes business sense to partners. So we are open to sell our engines to anybody.”
Mr Slym said that “We have got opportunities to ship our products to China where we have the joint ventures. We will ship powertrain and powertrain components to them.”
The Talegaon plant can produce three and four cylinder type engines and anything up to 1.5 liters capacity. GM spent USD 70 million (INR 322 crore) in developing the 1 liter and 1.2 liter diesel and petrol engines.
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