GM India to hire 500 people

06 December 2008

Bangalore: Even as the global meltdown is forcing companies across the world to lay off people by the hundreds GM India plans to hire upto 500 more people by 2009, said a top official of the company.

P Balendran, vice-president GM India said, "We will be increasing our number of employees from 4,000 to 4,500 by 2009."

The newly hired staff will be split between the company's car plant in Talegaon, its powertrain facility also in Talegaon and engineering centre in Bangalore.

Balendran said the company can increase the capacity of Talegaon car plant, which commenced operations in September 2008 from 1.40 lakh units at present to 3 lakh units whenever it wants.

Sluggish market conditions in India are forcing nearly all auto companies to offer discounts and freebies along with their products and GM is no exception.

The company is offering a discount scheme ranging between Rs2,000 to Rs50,000 across its product range.