"While exports of passenger vehicles for the April-January 2021 period is down by 43.1 per cent, the growth of 1.15 per cent in January 2021 over the previous year, makes it the first month of growth in passenger vehicle exports, post the pandemic," SIAM Director General Rajesh Menon told .
Synopsis
In one of these cases, the union has argued that a wage pact signed in 2017 required the service terms of workmen to be included in any future arrangement, including restructuring, of the plant at Talegaon near Pune. Hence, GM’s term sheet with Great Wall Motors should have included the transfer of workforce, the union claimed.
Agencies
GM, on its part, said it paid full wages during the entire lockdown, without requiring negotiation with the union
MUMBAI: Unionized staff at General Motors India has lodged 11 different cases in Maharashtra industrial courts even as the US automaker awaits the closure of the sale of its plant in the state to Great Wall Motors.
General Motors warns Maharashtra govt’s move to block its exit could hit investment
General Motors stopped selling cars in India at the end of 2017 after years of low sales. Reuters January 24, 2021 / 09:38 AM IST
Maharashtra government’s move to block General Motors (GM) from shutting a plant and exiting India defies the state’s business friendly image and sends a “concerning message” to potential future investors, the United States automaker said on January 22.
General Motors’ comments came after earlier this week Maharashtra rejected their application to cease operations at its plant in the state amid protests by workers who demanded GM continue production or keep them on the payroll indefinitely, according to local media.
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The planned closure of the GM India plant in Talegaon has hit another hurdle after the local government rejected the automaker’s request to shutter the facility.
According to
The Economic Times, the industry minister for the Indian state of Maharashtra, Dilip Walse-Patil, turned down an application for GM India to close the Talegaon plant this week. GM pulled out of India in 2017, though the Talegaon facility remained open to continue production of vehicles for export.
GM Talegaon facility in 2014
GM India halted production at the Talegaon facility on December 24
Now the automaker is facing further setbacks with regard to the Talegaon facility after the Maharashtra government delayed the automaker’s closure application, which was first filed on November 20
Synopsis
Move sends a concerning message to potential future investors who want to bring jobs and investment to the state.
Agencies
GM has ruled out any future investment in India. Once the wind-down work is completed, the site will be dormant and not able to support any jobs.
Mumbai: US automobile major General Motors on Tuesday said the Maharashtra government s move to prevent an orderly exit of a long-time investor is surprising as it diverges sharply from the state’s business-friendly reputation.
Earlier this week, Maharashtra rejected the closure application of General Motors India s Talegaon plant, where it produced its last vehicle on December 24.