great wall has firmed up its india plans after the success of another chinese company saic motor whose mg motor unit started selling an suv here in last july mumbai great wall motors is close to acquiring general motors manufacturing facility in maharashtra as chinas largest suv maker is finalising plans for its india entry people in the know saida formal agreement over the facility at talegaon in pune district is likely to be signed by the end of the month and gm is likely to fetch about 250300 million from the sale one of the people saidthe chinese company and gm have already agreed upon the terms over certain disputed liabilities of gm in india previously indias jsw group was in talks with gm over the plant as part of its plan to enter the electric vehicle market but they could not reach an agreement due to this issue advt the global chairman of great wall motors wei jianjun was in india last week and he reviewed the plans before the company announces its official india entry likely at the upcoming auto expo 2020 according to chinese media reports the chairman met the chinese ambassador as part of his india visitthe deal may offer great wall a quick entry into india by 2021 despite its exit from the local market us carmaker gm has been using the facility for exports it shipped 5000070000 cars annually in the past couple of years equal to 10 of the countrys passenger vehicle exportsgm india in a response to et said it does not comment on speculation our talegaon plant continues to manufacture vehicles for export as we have said previously we continue to explore options to improve utilisation of the plant we do not propose to discuss options publicly said a spokespersonan email sent to great wall motors did not elicit any response till press time sunday gaurav vangaal the country lead for production forecasting at ihs markit said a deal for the plant would be a winwin for both great wall and gm and a relief for vendor companies in pune but one needs to see how aggressive are great wall motors plans for india he addednetnet productionwise it is a loss since gm will stop production but a new player always enters with optimism and series of products so that will augur well for the indian market he added great wall has firmed up its india plans after the success of another chinese company saic motor whose mg motor unit started selling an suv here in last july advt great wall had already approved a 16 million investment in february 2019 to set up the local indian office which was to be named india haval auto india haval or india haval auto sales based on regulatory clearance the company has been using india as a tech hub for coding software for evs and artificial intelligence it began hiring for the local automotive business in 2018another person in the know of