As GWM’s fate hangs in the balance, Kaushik Ganguly quits, Auto News, ET Auto

Kaushik Ganguly
New Delhi: Nearly 4 years after the no-headways for the Chinese language automobile firm GWM, Kaushik Ganguly, Director, Technique & Planning at Great Wall Motors calls it a day, three individuals conscious of the matter advised ETAuto. Precisely a yr in the past Hardeep Singh Brar give up the corporate as director – gross sales, and advertising and marketing and joined the Korean automobile maker Kia. Tomorrow can be Kaushik’s final day within the firm. In response to the second particular person within the know, he’ll stay within the automotive trade and can be a part of an organization to start out a brand new enterprise on the CXO stage. Kaushik Ganguly had joined GWM in Oct 2018 as the primary senior-most worker of the corporate and labored out the whole Enterprise plans for India, together with its model and product technique. He was instrumental for GWM to commit investments and the large plans for India. The corporate had proposed an funding of USD 1 billion (INR7000 crore) in India.However issues didn’t go in accordance with plan after the escalation on the border. GWM had a binding time period sheet settlement with Common Motors in January 2020. Nevertheless, after the brand new FDI rules got here into impact from April 2020, GWM utilized for FDI approvals (co-applicant with GM) through the mid-2020. Since then, it has been awaiting the Authorities nod to accumulate the manufacturing facility amid the altering Indo-China relations.Within the newest AutoExpo held in 2020, the corporate showcased a really robust product lineup of SUVs which attracted the eye of the guests. On the expo, it additionally introduced the beginning of producing and enterprise in India by 2021.Nevertheless, the pending FDA approvals have delayed its India entry until now.Kaushik Ganguly earlier than becoming a member of GWM had spent about 14 years with the nation’s largest carmaker Maruti Suzuki India Restricted.

Additionally Learn:After serving the native unit of China’s largest SUV maker Nice Wall Motors India for only one yr, he’ll take over his new function at Kia Motors most definitely earlier than the second week of this month.

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