SAIC to tresspass into India through GM board

The long wait for SAIC to enter into the Indian car market is over that its JV with GM has enabled its way. On the official hierarchy, SAIC would have a joint MD for involving in Indian operations. This was asserted by the President and MD of GM India that the company’s board would accommodate the SAIC officials at equal levels. The GM concept is not keen on promoting more representations from SAIC but the latter insists on a better say in the officialdom. The JV is in operation in China under a 50:50 JV with the operations carried out from Hong Kong. Prior to this JV, GM India was a subsidiary of GM Corp (US).

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