Company’s fourth plant in India, will become operational by end of 2015.
To bring its Optare brand from UK
To bring further localise the product portfolio.
To manufacture products for automotive and railways.
According to a recent Roland Berger study, the SCV segment will continue to grow at a CAGR of 13 percent till 2020 and reach a staggering volume of 919 k units by then. - By Dr. Wilfried...
Would involve infusion of Euro 15 million into Peugeot to finance projects implemented through the strategic partnership.
Two new facilities in Sanand, Gujarat, targeting start of volume production in 2015.
The natural rubber in the treads of the test tires was completely replaced with Taraxagum.
Showcases BharatBenz 3143 (Concept) and FUSO FJ 2528R Left-Hand Drive trucks for the Indian and export markets, respectively.
The JV will be headquartered in Pune.