INDIA: GM plans 6bn rupee new model investment
General Motors' Indian unit has asked the government to approve a six billion rupee ($US123.3 million) investment in new model launches, Reuters reported, citing a a top company official. "It's a blanket approval that we have sought. The funds will be used for introducing new products in the future," Aditya Vij, president of General Motors India Pvt Ltd, told Reuters.
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