Chinese manufacturer Haval is planning to start with India operations, and is eyeing Chevrolet's Talegaon facility to start with.
Great Wall is a Chinese manufacturer that has been trying to start operations in India since long. How long? Since 2013. Yes! They first tried with their Haval H3 SUV, but the plans failed in 2013 itself. It is now that the manufacturer is planning to enter the Indian market again with a set of capable yet affordable products. But, this time around the plans from Chinese manufacturer seems a lot more stable and definite than ever before. As Haval is looking out for options, to set up a manufacturing facility in the country.
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General Motor's last facility in India at Talegaon is currently used to manufacture Beat for export purpose.
Haval has been constantly seeking land from MIDC (Maharashtra Industrial Development Corporation) to set up a plant there, but the China-based manufacturer is also eyeing GM’s Talegaon facility. The GM facility in Talegaon is still operational and serves the export capacity of the manufacturer. That said, GM hasn’t left India yet, as it could not find any buyer for its Talegaon facility. Things might change for GM as well as Haval now since Haval has shown interest in acquiring the manufacturing unit.
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Haval has plans to invest a million dollars to start operations in India, as China’s market has become stagnant, while the Indian market still has a lot of room left. So setting up a plant from ground zero takes up a lot of times, thus the GM plant with an annual production capacity of 1,65,000 vehicles and 1,60,000 engines is a better deal. And once sold, it will be easier for Chevrolet to finally shut shops in India.
Great Wall Motors is currently looking up to buy the facility to manufacture its Haval range of SUVs, here in India.
“Also, the plant is a recent one and is situated close to the port. Great Wall is actively looking for options in the Indian market and GM has been looking for a buyer to sell this plant for quite some time. After the deal with JSW fell through, this provides GM with a fresh opportunity to shut shop in India," a GM employee quoted. The discussions over the deal with Great Wall and GM are at an advanced stage, while with SAIC, they are still at a very nascent stage, he added.
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So if the deal is finally cracked, the Indian market will finally experience the official arrival of Great Wall with its Haval range of SUVs. The H2, H6, and H9 are on the cards primarily, while can be expected at a later stage.