Talking to newspersons after inaugurating a new showroom here yesterday, GMI Vice-President (Marketing) Ankush Arora said the facility was being developed in a 300-acre site at an outlay of Rs 1,400 crore. He said the existing factory at Halol in Gujarat had a capacity of 85,000 units per annum. Totally, GMI had invested Rs 3,350 crore in India, including the two manufacturing facilities and the technical centre near Bangalore.
Mr Arora said the company proposed to increase the number of sales outlets and service centres across the country. By the year-end, the company would have 145 sales outlets and 160 service centres, as against the current 117 sales outlets and 127 service centres.
Twelve sales and service centres would be set up in Tamil Nadu by the year-end.
He said the company had registered an overall turnover of Rs 3,500 crore in 2007 and in the first quarter of 2008, ending March 31, it had clocked 57 per cent growth in turnover.
Referring to the export market, he said the GMI was selling about 500-600 units in Nepal and Sri Lanka and about 250 units in Bangladesh with single dealer outlet installed in the capital city of the three nations.