General Motors to put $200mln in India engine plant

Newswire

MUMBAI, Aug 28 (Reuters) - General Motors Corp on Thursday said it would invest more than $200 million initially in a powertrain plant in India, as the troubled carmaker aims to double its share of a fast-growing but increasingly competitive market. The facility, that will be located in Talegaon in western Maharashtra state, at the site of GM's second vehicle plant, will have an annual capacity of 160,000 units, which can be expanded to 300,000 units, GM said in a statement. The engine ...

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