Global Motors' Xooma to vroom in January
Our Economy Bureau
18 November 2006
Initially Global Motors will import the bikes in a semi-knocked down condition and assemble it in India. Later when the company's manufacturing facility is ready the company would go for local production.
According to Xenitis group chairman Santanu Ghosh, chairman, Global Motors, the company will have a manufacturing capacity of 20,000 two-wheelers per month, which could go up depending on the demand. The plant would initially employ 500 people, which could be scaled up to 1,000 soon.