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Hinduja to foray into passenger car segment

Sunday, 29 May 2005
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The Hinduja Group is exploring investments in infrastructure, including roads and power, and is planning to enter the passenger car segment. 

About expansion plans of the Rs.4,800 crore commercial vehicle major Ashok Leyland, Mr Dheeraj Hinduja, Vice-Chairman of Ashok Leyland said that, the company wants to expand further. However, it would be a different company that would enter the passenger car segment.

Besides automobiles, healthcare is another area that the group is focussing on. The group will open a 100-bed hospital in Mumbai shortly.

The group is expanding its business in India, West Asia, Africa and South-East Asia.

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