SAIC, GM to form joint venture in India in early 2010
Published: 06 Dec 2009 18:04:37 PST
Shanghai, December 4 (Gasgoo.com) General Motors and its Chinese partner SAIC Motor Corp jointly announced today that they will form a vehicle manufacturing joint venture in India early next year, Xinhua News reported.
SAIC, GM to form joint venture in India in early 2010
GM would transfer half of its Indian operations to SAIC Motor by setting up a 50-50 joint venture there with the Chinese partner. The deal will require Indian government’s regulatory approval. Small cars and mini commercial vehicles currently made at GM and SAIC’s China ventures will be produced and sold in India.
The deal with GM makes SAIC the first Chinese automaker to enter India, the world’s second fastest-growing auto market, which remains dominated by small, affordable cars. SAIC-GM-Wuling’s vans could be well accepted in India more quickly than Shanghai GM’s car models, analysts said.
Andaza kero American main jis cheez ko uthao “made in China” likha hota hai Americans mad hu rahy hai ke U.S. ke jhandey tak per made in china 
Ab chines caron per “made in India” Likha hu ga:hmmm: