Major automakers, including General Motors, may have pulled the plug on manufacturing in Australia, but one man thinks what comes around goes around.
Sanjeev Gupta, an Indian-born British millionaire, believes auto manufacturing will return to the country in the years to come, WhichCar reported on Wednesday. Gupta is best known for his purchase of Arrium Steelworks in the United Kingdom. The move saved 5,500 jobs locally.
It’s unclear if Gupta still believes there’s potential for his company to eventually build electric cars in the country one day, but the businessman said, “We will definitely in the next two or three years have a car production in Australia.”