Why Is General Motors Betting on India's Auto Parts Market?

Key Takeaways GM relaunches ACDelco in India via a licensing deal with Assurance to produce batteries and lubricants.GM targets India's 300M vehicles and a $12B aftermarket rather than re-enter the crowded new-car market.GM'S partner Assurance is investing Rs180cr in lubes and Rs300cr in batteries, aiming for 25k units daily.General Motors Company (GM) is re-entering the world’s third-largest car market in a different way several years after leaving India. Rather than returning to sell vehicles, the Detroit ...