NEW DELHI: SAIC Motor could soon become the first Chinese company to sell its cars in India as it has started hiring key executives, people close to the development said. If that doesn’t happen, it plans to build a new facility.While Chinese companies sell everything from toys to telecom equipment in India, automakers have not been successful in the country. The two are on the MG Motor India board where the remaining six members are Chinese nationals.On the website of the Ministry of Corporate Affairs, Balendran’s name is given as the representative of MG Motor India. Chhaba didn’t respond to calls made on his mobile phone.SAIC has hired KPMG to conduct the market study, while PwC has done study on the cost of the GM plant. The immediate hurdle to start operations is the labour issues at the GM plant.

Source: Economic Times February 28, 2017 19:50 UTC