Hind Motors plans to invest 750 mln rupees in plant

Newswire

MUMBAI, Aug 27 (Reuters) - India's oldest car maker, Hindustan Motors Ltd , plans to invest 750 million over two years at its Uttarpara plant in West Bengal to boost its components business, a top official said on Monday. The bulk of the investment will go towards upgrading technology and modernising the component manufacturing facilties at the plant, Managing Director R Santhanam, told shareholders at the company's annual general meeting. The investment will be financed from the ...

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