General Motors to expand workforce in India
Automotive News, Brands, Business News November 29th, 2005
General Motors to expand workforce in India
World’s largest automaker General Motors is struggling in their home market of USA. They have made huge losses and are now cutting jobs and closing down loss making plants. However, they are doing rather well in their other markets and India happens to be one of their priority markets. Looks like USA’s loss is going to be India’s gain as GM plans to expand their operations here in India.
Within days of announcing 30,000 job-cuts in the US, General Motors has announced that they are going to expand their Indian operations by adding around 30% more employees to the company. With this expansion, GM would be adding 450 jobs at its existing plant in Halol (Gujarat) as part of plans to expand presence in India. India has become a low cost manufacturing plant for the company.
A company spokesperson said in a statement: “GM is going on a hiring spree in India, and it’s add jobs both on the factory shop-floor as well in the executive cadre. GM will this week start the process to hire 450 additional people for its India venture.†GM is also planning to add another 50 jobs in their executive cadre.
GM India currently has around 1,600 people on its rolls, including nearly 1,300 on the shop floor. With new models aimed for next year, they would need to expand this workforce to get more cars out of their factories to their showrooms.
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Not one Car of GM’s made in India be allowed to be sold in the US
Expanding the workforce in India to assemble cars for the Indian market hardly counts. They have an insignificant presence in India - probably 3-4% market share.
None of the cars currently sold in India (Optra, Tavera or any of the Opels) are sold in the US. The Forrester is sold in the US - but by Subaru and not GM.
Now if they expanded their engineering and R&D workforce in India and simultaneously cut corresponding jobs in the US - then you can talk about India gaining at the US’s expense.
Benedict Arnold’s For A Buck! America made General Motors a successful Big-Business throughout the years during times of war and peace. GM took the advantage in American ingenuity and enterprise to develope an economic empire. GM’s position on top for all those years came through the loyalty of Americans as consumers and workers. When GM top Executive’s compensation packages grew to over inflated levels of reality, so began their newest developement-ARROGANCE! The Consumers’ and Workers’ interests were no longer the “driving” force behind GM’s decision-making. Instead, the Almighty Dollar drove one bad decision after another and took over the road they were traveling. TOYOTA was cunning and fullfilled the void that GM’s indifference had created. Until GM can lead and restore their patriotic-loyalty to the American Consumer and Worker they will continue this ever quickening pace to the bottom of market share. Building overseas, while denying pensions and healthcare to their former American Workers, isn’t advisable in my thinking. God help our greed.
Theres no competition. It just makes business sense. Lets not make immature statements. Americans always *talk* about globalisation … doesnt the same apply to themselves? The news item itself was slanted and coloured. Please dont carry articles in this vein in future.
agree with the above. just like outsourcing to india, this is a lot of noise about nothing.