Tata and Mahindra To Invest Rs. 10,000 Crore in Pune

April 1, 2008 by Arun Pal Singh · Leave a Comment 

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In two separate commitments, Mahindra and Mahindra and Tata Motors have announced a total investment of Rs. 10,000 crore in Chakan, a suburb of Pune.

Tata Motors will be investing Rs. 6,000 crore over a five-year period to upgrade its existing plant and to set up a vehicle testing facility in Chakan. Mahindra and Mahindra will invest Rs. 4,000 crore in a spanking new plant to manufacture medium and heavy commercial vehicles. Read more

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