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The company, which had in March this year inked a term sheet to potentially acquire land, buildings and certain manufacturing equipment at General Motors India s (GMI) Talegaon manufacturing plant, said it plans to commence manufacturing operations at the unit in 2025.
South Korean automobile giant Hyundai Motor Co s Indian unit will buy automaker General Motors Talegaon, Maharashtra plant, the company announced on Wednesday. Hyundai, India s second-biggest carmaker by sales, did not mention a deal value.