Piaggio India plant to roll out engines by end-2009


By Rakesh Sharma NEW DELHI, Sept 26 (Reuters) - Italian scooter maker Piaggio's India unit will begin production at a diesel engine plant being built in western Maharashtra state by the end of 2009, a senior company official said on Wednesday. "We are creating the facility with a capacity of 200,000 engines. The progress is on schedule. The investment envisaged is in the region of 60 million euros," Ravi Chopra, managing director of the local unit, told reporters. It plans to make ...

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