Swaraj Mazda plans to invest Rs.300 crore in medium and heavy commercial
vehicle (M&HCV) segment and set up a new facility near its LCV plant in
Nawanshahar district of Punjab.
The plant will have a capacity for building 7,000 bus bodies and produce
12,000 medium and heavy commercial vehicles. The company's intra-city buses,
multi-axle trucks, refrigeration trucks and tractor trailers in the M&HCV
segment is expected to hit the roads by 2012.