Online edition of India's National Newspaper
Sunday, Oct 15, 2006
ePaper
Google



Business

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary |

Business Printer Friendly Page   Send this Article to a Friend

Russian Ural trucks from Indian JV

Indrani Dutta

KOLKATA: West Bengal's first auto-sector investment after independence has been flagged off with Russian Ural trucks rolling out from the joint venture assembling facility set up in Haldia. Altogether six trucks have been sent for trials to the mines of private mining companies in West Bengal, Jharkhand and Orissa.

Ural India Chairman, J. K. Saraf, told The Hindu that Ural passenger vehicles assembling would start soon and his group was also planning another Indo-Russian joint venture in the State, for building bodies of heavy duty vehicles. He said necessary approvals had already been received for testing the trucks which were imported in a CKD condition from Russia.

Rs. 550 cr. project

The Rs. 550-crore project is a three-way joint venture of Uralaz (a subsidiary of engineering major RusOrinAvto, Russia), Motijug group and the West Bengal Industrial Development Corporation. While the Motijug group and Uralaz are equal partners, WBIDC has a 11 per cent share. On the other venture, Mr. Saraf said a joint venture called Gorica Auto India had been formed with Gorica, a Slovakian firm, for building bodies of heavy vehicles.

Printer friendly page  
Send this article to Friends by E-Mail



Business

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu