More News

  • Auto sector to see Rs 2,50,000 cr investment: Patel

    Jul 11, 2011 By Press Trust of India

    The government today said the Indian automobile industry is expected to invest about Rs 2,50,000 crore in the next 10 years, by which time the four-wheeler segment is estimated touch 10 million units annually.

  • Peugeot Citroen to set up Rs 4,000 cr unit in TN

    Jun 30, 2011 By Press Trust of India

    France-based automobile manufacturer PSA Peugeot Citroen (PSA) is finalising plans to set up its first car manufacturing facility in Tamil Nadu at an investment of Rs 4,000 crore.

  • 'Rise' is Mahindra's new mantra

    Jan 18, 2011 By BSM

    The group today unveiled its new brand positioning, called ‘Rise’, which will involve an investment of Rs 120 crore over three years.

  • Chennai may become India's detroit soon

    Nov 26, 2010 By T E Narasimhan & Sharmistha Mukherjee

    With investments of $3 billion and a new national testing-R&D facility, the city is putting India on the global auto map