investment

Great Wall Motors announces $1 billion investment plan at Auto Expo 2020, Auto News, ET Auto

The automaker showcased it Concept H. Emphasizing on the theme of Intelligent Mobility Redefined, it showcased Haval : H9, F7, F7x, F5 and the GWM EV: IQ and R1.
The automaker showcased it Thought H. Emphasizing on the theme of Clever Mobility Redefined, it showcased Haval : H9, F7, F7x, F5 and the GWM EV: IQ and R1.

New Delhi: Earning its India debut at Auto Expo 2020, China’s major SUV maker Terrific Wall Motors, on Wednesday, declared an investment of USD one billion bucks (Rs 7000 Crore) in India confirming ET Auto’s earlier report.

The investment will be covering producing plants, vehicle investigate and enhancement, generation of electrical power batteries and electrical drives, vehicle and part producing.

The company also programs to give approximated three,000 direct work in a phased way and is self-confident of actively playing an critical job in the Indian sector in potential with a concentrate on localisation and exports.

Talking on the occasion Hardeep Sing Brar, Director, Gross sales and Marketing and advertising reported, “India has become just one of the world‘s quickest-increasing major

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