International Automotive Components Group breaks ground on a 150,000-sq.-ft. (13,935-sq.-m) facility in Pune, India, that will manufacture instrument panels, cockpits and door assemblies for domestic passenger cars and medium- and heavy-duty trucks. The new facility, which represents a capital investment of about $25 million, is scheduled to be completed in third-quarter 2009. IAC says the plant will support new contracts to supply a future Mahindra & Mahindra Ltd. utility vehicle, ...
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