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GM Thought Operating in India Was Tough. Getting Out Is Even Harder
Four years after ceasing sales in India, GM is still having trouble actually getting out of the country.
22 Nov 2021, 08:22 PM IST
(Bloomberg Businessweek) -- Flanked by green hills flecked with yellow and orange wildflowers, General Motors Co.’s 300-acre plant in the town of Talegaon in western India stands largely idle, as it has for most of the past year. Only a moldy layoff notice pinned outside the mothballed factory hints at the difficulties GM now faces in disentangling itself from the country. Four years after ceasing sales in India and more than a year ...
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