Online edition of India's National Newspaper
Tuesday, Apr 01, 2008
ePaper | Mobile/PDA Version
Online edition of India's National Newspaper Tuesday, Apr 01, 2008 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
| Business |
 |
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary |
Business
MUMBAI: Tata Motors on Monday signed a memorandum of understanding (MoU) with the Maharashtra government. This will facilitate the proposed expansion of manufacturing plants and the setting up of vehicle testing facilities in Pune. The company will invest about Rs. 6,000 crore over four to five years in its existing plants which will increase its capacity by about 40 per cent to around six lakh vehicles annually. It is also setting up vehicle testing facilities in Pune. The investments will generate direct employment of an additional 1,500 numbers at full capacity. Commenting on the MoU, Ratan Tata, Chairman, Tata Sons and Tata Motors said, ``this MoU with the Government of Maharashtra is a step towards realising Tata Motors’ plans to augment capacity at Pune plants to meet ever increasing demands both in India and abroad. It also facilitates the setting up of vehicle testing facilities in Pune.”
Printer friendly
page
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
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 © 2008, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
