GM says may build engine, powertrain plant in India

Talegaon, INDIA, Nov 21 (Reuters) - General Motors Corp. (GM) (GM.N: Quote, Profile, Research) is considering setting up an engine and powertrain plant in India, the president of GM Asia-Pacific said on Tuesday.

"It is an objective ... We will make a decision in the next six months," Nick Reilly told reporters at Talegaon, 130 km (80 miles) southeast of Mumbai.

He did not specify how much the company would spend to build the plant, but said such units typically required an investment of $300-to-400 million.