According to the company, it will now consolidate its manufacturing activity at its Talegaon facility in Maharashrta.
"The consolidation of manufacturing at our Talegaon facility is an important milestone for GM India," said Kazem.
"That said, we are mindful of the impact on our employees at Halol. We have committed to support them through this necessary transition with generous separation payments or the option of continuity of employment at Talegaon."
Kazem said a range of additional support measures had been put in place for both category of employees, those who have either opted for the significantly enhanced separation payments and those who will transfer, including tax and financial advice and pre-transfer visits to Talegaon.
"Since we first announced in 2015 that we would cease manufacturing at Halol, we have worked with all stakeholders to ensure a smooth transition," said Kazem.
"GM India is very grateful for the continued support of the Government of Gujarat throughout our time manufacturing at Halol and through this period of transition."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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