RPT-Piaggio India plant to roll out engines by end-2009

Newswire

(Repeats to fix typo in fifth paragraph) 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 ...

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