75 auto ancillaries to come up at TATA Motors Pantnagar
03 Apr 2008
BS reported that several auto ancillaries units are setting up shop near TATA Motors’ plant at Pantnagar in Uttarakhand.
As per report, TATA Motors is starting its new Ace manufacturing facility, spread over 1000 acres, at an investment of INR 1000 crore.
The facility would house nearly 75 ancillaries, out of which nearly 63 have already been given industrial plots. The ancillaries would set up their units in Pantnagar at a total investment of more than INR 800 crore.
There are expectations that TATA Motors might start something big besides manufacturing Ace. Officials do not rule out the possibility that some parts of Nano may be produced in Pantnagar.
News Source: http://steelguru.com
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