Processing .....please wait.. 
The article has been forwarded.... 
Mahindra opens defence vehicle plant in Haryana
Tuesday, 17 March 2009, 20:08 Hrs
New Delhi: Auto major Mahindra and Mahindra (M&M) Tuesday inaugurated a defence-vehicle manufacturing plant in Haryana's Prithla region.
The
400-million (40-crore) facility is expected to roll out 200 vehicles by year-end.
"The company is also looking for a long-term strategic partner for its naval business," Mahindra chief executive Khuttub Hai told reporters.
The factory, which started production in January, will initially build armoured version of Mahindra's Scorpio and Bolero sports utility vehicles (SUV).
Later, the plant will produce Axe military vehicles as well as mine-shielded vehicles.
Mahindra's defence vehicle business is targeting a revenue of20 billion in five years from 1 billion currently.
Source: IANS
The
400-million (40-crore) facility is expected to roll out 200 vehicles by year-end."The company is also looking for a long-term strategic partner for its naval business," Mahindra chief executive Khuttub Hai told reporters.
The factory, which started production in January, will initially build armoured version of Mahindra's Scorpio and Bolero sports utility vehicles (SUV).
Later, the plant will produce Axe military vehicles as well as mine-shielded vehicles.
Mahindra's defence vehicle business is targeting a revenue of
20 billion in five years from 1 billion currently.
Source: IANS
Don't Miss
Write your comment now
|
Submit your news/press release
Let our editorial department know about any news about your company, your
organization, or yourself, or any press release that you have. If we find it suitable for our audience, we will contact you and make a news. Please
also share any links for the news.
- Software Testing is Dead!!!
- Why is Priyanka Gandhi Liked More than Rahul Gandhi?
- Selective Abortion on the Rise among Indians in North America
- Meet the Role Models of Indian Youth
- World's Greatest Introverts and Extroverts
- India's Most Wanted: Pak's Political Hero
- 5 Best Android Smartphones Under Rs.10,000
Beautiful and dress selection, please go to Dresses
| Plan on visiting the Lotus Temple? Get Great Deals on Delhi Hotels ! |
Buy India Wholesale Products on DHgate.com
SPOTLIGHT
Technology
Internet and technology companies have been credited with steady job-growth in spite of the re..
|
|
|
|
|
