General Motors India on Tuesday will stop production at its Halol plant in Gujarat from April 28 as the company consolidates manufacturing at its Talegaon facility. GM India continues to work towards the asset-only sale of the Halol site.
"We will support our employees at the Halol plant throughout this transition," GM India President and Managing Director Kaher Kazem said in a statement.
The company has in place the option of a significantly enhanced separation package or continuity of employment at its Talegaon plant, he added.
Elaborating further, the company said transition support for employees will include financial counselling and tax advice, as well as information and transition support for employees transferring to the Talegaon manufacturing facility. GM India is working with government authorities and labour unions as well as impacted employees and suppliers to ensure an orderly transition, it added.
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