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Volvo plans auto plant in Himachal Pradesh

Monday, 15 May 2006
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Volvo, in collaboration with Jaico Automobiles Engineering Co of Bangalore, is planning to set up an auto plant in Himachal Pradesh. The project will entail an investment of Rs.1,500 crore. Volvo has submitted a proposal to the state government regarding the project, it is learnt. The unit when fully operational, is expected to provide direct employment to 3,000 people.

(Note: The proposed product range is not yet available.)

Also See:

Volvo mulls mfg base in India (25-Apr-06)

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