Cosma Magna, a premier supplier of a range of body and chassis solutions to automobile OEM customers, is setting up a greenfield plant at Talegaon near Pune in Maharashtra.
The company is investing Rs 300 crore in the greenfield plant which is slated to be ready within a year. The plant is coming up on 29 acre plot. It has acquired land from a ZF Steering Gear India for Rs 47 crore.