Chinese auto giant Great Wall Motor plans for India

China's leading car and sports utility vehicle maker Great Wall Motor Co (GWM) is planning to enter the Indian market, following the footsteps of compatriot commercial vehicles manufacturer Beiqi Foton Motor Co.

GWMC has comprehensive product portfolio comprising saloons like Great Wall C30 and Great Wall C50 along with hatchbacks like Great Wall C10 and Great Wall C20R. Further, the company is renowned for its SUV range that includes the likes of Haval M4, Haval H5 and Haval H6 models amongst others. As per the GWMC's official website, it has an annual production output around 8 lakh units, with exports operations to over 100 international markets. The company has estimated its sales target to exceed 13 lakh units, with projected annual vehicle yield to exceed 15 lakh units by the end of 2015.


Vishnu Mathur, Director General (DG) of Society of Indian Automobile Manufacturers (SIAM). In an interaction with some reporters on Monday, December 10, 2012, Mathur was quoted as saying, “Officials of Great Wall Motor Co (GWM) were in Delhi last week for discussions and they have a team in India which is looking for location for a plant.”

According to Vishnu Mathur, Great Wall Motor Company has sorted some great ambitions for the Indian auto market. He added that the Chinese auto giant is aspiring for an independent entry in the country and not through any of joint venture partnerships.

Beiqi Foton Motor Co (BFMC) has already signed a memorandum of understanding with the Maharashtra Government to set up a manufacturing plant entailing an investment around Rs 1,670 crore over a period of five years to produce commercial vehicles, including medium and heavy trucks and passenger carriers.

Mathur said BFMC is in the process of setting up its plant near Chakan and “has also applied for membership of SIAM.”



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