Off Shoring, For Sure
NEW DELHI: America's loss is turning out to be India's gain. Within days of announcing 30,000 job-cuts in the US, automobile giant General Motors Corp will this week unveil plans to increase its workforce in India by nearly 30%.
The carmaker has decided to add 450 jobs at its existing plant in Halol (Gujarat) as part of plans to expand presence in India - the emerging low-cost automobile hub in the east.
"GM is going on a hiring spree in India, and it's add jobs both on the factory shop-floor as well in the executive cadre. GM will this week start the process to hire 450 additional people for its India venture," a senior head-hunter told The Times of India.
While it will increase its floor-worker force by 400, another 50 are being added in its executive cadre. "This is in line with the company's plans to expand its presence in India, which GM feels will drive future growth," the source said.
From The Times of India
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