Hindustan Motors unveils 1 bln rupee investment

Newswire

KOLKATA, Aug 25 (Reuters) - Hindustan Motors Ltd. will invest 1 billion rupees in five years to expand and diversify its car plant in Uttarpara, near eastern Kolkata city, a top official said. The company would fund the investment with revenue expected from developing its land at Uttarpara, a plan cleared by the West Bengal state government on Thursday, Managing Director Ravi Santhanam told reporters on Friday.

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