General Motors to expand workforce in India
World’s largest automaker General Motors is struggling in their home market of USA. They have made huge losses and are now cutting jobs and closing down loss making plants. However, they are doing rather well in their other markets and India happens to be one of their priority markets. Looks like USA’s loss is going to be India’s gain as GM plans to expand their operations here in India.
Within days of announcing 30,000 job-cuts in the US, General Motors has announced that they are going to expand their Indian operations by adding around 30% more employees to the company. With this expansion, GM would be adding 450 jobs at its existing plant in Halol (Gujarat) as part of plans to expand presence in India. India has become a low cost manufacturing plant for the company.
A company spokesperson said in a statement: â€œGM is going on a hiring spree in India, and itâ€™s add jobs both on the factory shop-floor as well in the executive cadre. GM will this week start the process to hire 450 additional people for its India venture.â€ GM is also planning to add another 50 jobs in their executive cadre.
GM India currently has around 1,600 people on its rolls, including nearly 1,300 on the shop floor. With new models aimed for next year, they would need to expand this workforce to get more cars out of their factories to their showrooms.