General Motors announced that it will be tripling its production of vehicles in the world's largest democracy. Previously the automaker had plans to double current production of 25,000 per year. Interestingly enough, the new goal would be accomplished not by hiring more local workers but increasing their hours instead.

GM has already been purchasing many parts from the country in its efforts to reduce its costs.

With over one billion people, it's not surprising that other companies like newcomers German BMW and French Citroen are also setting up plants.

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