Labour issues hinder GM efforts to find buyer for Talegaon car plant
Potential suitors such as Mahindra & Mahindra and Tata Motors are unlikely to take over the plant if GM India’s more than 1,000-strong unionized workers become a non-negotiable part of the deal, the people said requesting anonymity.
NEW DELHI : General Motors Co.’s plan to make a full exit from India is facing a fresh setback as the Detroit automaker has yet to find a buyer for its second and last remaining factory in the country. Potential buyers of the 300-acre facility located at Talegaon on the outskirts of Pune are unwilling to take on the cost of GM’s retrenched labour force at the plant, even as the Maharashtra government has invited top automakers to evaluate the facility, multiple people said.
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