Gujarat government rejects GM’s proposal to sell its Halol plant

General Motor’s proposal to sell off its manufacturing facility in Halol has been rejected by the state government of Gujarat. The Gujarat government has said that General Motors cannot sell off its Halol plant until it proposes a settlement plan for the around 1,110 employees working at the manufacturing unit.

In an official statement General Motors said, “We do not respond to rumour and speculation. As we have said before, we are examining a number of options in relation to the Halol factory, where we will cease manufacturing from the…