Buy "American", buy GM. Right. Outsourcing marches on
GM To Buy Auto Parts Worth $1 Billion/Year From India In 4-5 Yrs -Executive
NEW DELHI -(Dow Jones)- General Motors Corp. (GM) plans to buy automobile
parts worth $1 billion annually from India in coming years, a senior company
executive said Tuesday.
"We see sourcing from India at over $1 billion every year...It will take the
market some time to reach this level so I would say, we'd do this in about
four to five years," D. Nick Reilly, group vice president and president, GM,
Asia Pacific, told reporters.
He said that as the company expands in India, it would also source more
locally and put local suppliers on a global bidder list.
Never hire a Ferret to do a Weasel's job