Maruti lines up Rs 18,000 crore investment for new manufacturing plant in Haryana
NEW DELHI: The country’s largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official. The new plant would replace the company’s Gurugram-based facility and is expected to have an installed production capacity of 7.5-10 lakh units per annum. […]
Escorts Kubota lays foundation stone for manufacturing plant in Faridabad
NEW DELHI: Escorts Ltd. and Kubota Corporation laid the foundation stone for Escorts Kubota India’s manufacturing plant on Escorts land in Faridabad. Marking the formal beginning of the project, the ceremony was attended by the management teams of both companies. Escorts Kubota India plant will manufacture advance technology tractors to cater to Indian and overseas […]
Tata Motors’ JLR opens $1.6 billion manufacturing plant in Slovakia
NEW DELHI: Tata Motors-owned Jaguar Land Rover (JLR) on Thursday announced the opening of its new state-of-the-art $1.6 billion manufacturing facility in Slovakia, a first for a British automotive brand setting up in the central European country. JLR said its investment is expected to lead to an annual production of 100,000 cars at the new […]