Ucal Fuel has plans to set up research and
development centre in Ambattur industrial area in Chennai at a cost of Rs.20
crore. The company is into manufacture of carburettors, various components of
fuel injection systems and air suction valves. Mikuni Corporation, Ucal’s
Japanese collaborator, would provide technical assistance. The project, which
is being funded through internal accruals, would be completed by March 2004.