Delphi-TVS, the joint venture between
US-based Delphi and the TVS Group is planning to invest Rs.500 crore in its
manufacturing and technical centre at Chennai.
The company will manufacture of common
rail fuel injection systems and the electronic control system in the proposed
facility.
Delphi-TVS, which currently produces
1,000 diesel pumps per day, has set a target of producing over a million pumps
annually by 2010 for rotary, common rail and other fuel injection systems.