General Motors India aims to make 2 lakh cars by 2013 with a percentage of it meant for exports to the European and Asia Pacific markets.
GM India president & managing director Karl Slym on Thursday said India was one of GM’s major growth markets and the overall business there would continue to grow in the coming years. “We manufactured 65,000 cars in 2008, which grew by 6% in 2009 to 70,000 cars. This year we expect to make 100,000 cars; and within three years from now it should to touch 200,000.” Slym said.
However, this did not include the light commercial vehicles (LCVs), which GM plans to launch by the end of 2011, Slym added.
GM, he said, would export 20% of the total number of Chevrolet Beat manufactured in India, to the European and the Asia Pacific markets. The exports would start from 2011. GM will also export 10% of its total number of LCVs manufactured in India to Europe and Asia Pacific countries after it is launched in 2011, he added.
