News > Hyundai Motor India to start operations in GM's Talegaon plant from H2 FY26
Hyundai Motor India to start operations in GM's Talegaon plant from H2 FY26
17/06/2024 02:53 PM | Click to read full article
Hyundai Motor India has invested Rs 787.2 crore to acquire General Motors’ (GM) Talegaon plant in Maharashtra. This acquisition is a strategic move as the South Korean carmaker plans to commence production at the facility in the second half of FY 2026. The deal included the acquisition of the plant’s land, buildings, certain machinery, equipment, and the product distribution centre warehouse previously operated by Chevrolet Sales India.