New Delhi: General Motors is looking to ramp up component exports from India even as it continues to add new global markets for vehicle shipments from the country, a company official said.
The company, which has stopped selling cars in the Indian market, recently started exporting Beat Notchback to Costa Rica.
“Apart from this addition, we also plan on expanding the component exports in 2018,” a General Motors India spokesperson told PTI.
The company currently exports body panels and engines to Vietnam and Cambodia.
The official, however, declined to specify the markets that the company plans to target for components exports.
Elaborating on the vehicle exports from India, the spokesperson said that it is focused on ensuring that it produces high-quality vehicles for export markets.
“Our exports have tripled over the past year and we are very pleased with the acceptance of our products in the export markets,” the official said.
In 2017, GM ranked 5th in India in terms of passenger vehicle exports.
Its hatchback Beat was the highest exported passenger vehicle from India.
When asked about settlement of issues related to dealerships, the spokesperson said the company has been able to settle all dealer sales agreements as of December, 31,2017.
