Great Wall Motor to enter the Indian Automotive Market
At the upcoming Auto Expo, Great Wall Motors will be showcasing the Haval range of SUV's.
Great Wall Motors, will be investing around Rs 7,000 crore in the Indian market.
From a twitter post, Great Wall Motors has officially announced that they will be entering the Indian Automotive Market. The Chinese automotive giant had recently created a new twitter handle for India. Through their twitter post they tweeted, "Namaste India! All set for great things ahead".
In addition to the tweet, Great Wall Motors also posted a small teaser video. This video features the outline of an SUV. Hence we can say that the Chinese company is planning to begin it's operations in the Indian market with an SUV. Also when we look at Great Wall Motors performance in the Chinese market, the brand is well known for their range of SUV's and as of now this segment is very much active now in the Indian market.
Back in June 2016, Great Wall Motors had announced that they will be creating a Research and Development centre in Bangalore. This was a strategy to enter the Indian Automotive Market. As of now, the Chinese Automotive Manufacturer is also looking for land options across India for a manufacturing facility. According to some medi reports, Great Wall Motors is considering land options in the Industrial areas of Maharashtra, Karnataka, Gujarat, Tamil Nadu and Andra Pradesh. The Chinese Automotive giant has also signed a Memorandum of Understanding (MoU) with General Motors (GM) for their plant in Talegaon, Maharashtra and they could take possession somewhere around the Mid of 2020.
Scrolling through Great Wall Motors new social media handles for India, we see that the Haval H6, H9 SUV's and Ore R1 electric vehicles have been posted. As of now, this can't be taken as a confirmation that the above mentioned vehicles will be launched on the Indian soil, but through some media reports we can assume that the Haval range of SUV's will surely enter the Indian market.
Stay tuned to MyNewCar, as we will be covering the Indian Auto Expo 2020. Great Wall Motors will be showcasing their range of products here and this will help us get a lot of insights as well.
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