General Motors to rethink strategy for India

General Motors India has put plans to invest in the Global Emerging Market (GEM) platform on hold as it is reassessing its strategy for the market. The move comes after the dismal performance of the company in India. Sales have dipped by 40 per cent over the last year and its share of the domestic passenger car market has slipped below one per cent.

In 2015, GM had announced that it would invest $…