The next five years Cummins India investment will be 3 billion
Integrated foreign coverage, the global auto parts manufacturer Cummins (Cummins) announced on June 28th, in the next five years, Cummins will invest $ 300 million in India to establish four new workshops. Including an engine production plant. To this end Cummins company has in India Maharashtra has 300 acres of land expropriation.
Cummins India Company General Manager Anant Ialaulicar told reporters that "the company will establish four new workshops, related work has now begun. The next five years will input the Cummins 3 billion. One of the workshops for the company with joint venture partners together establishing Tata of engine production plant, to the end of the workshop of bencai annual capacity will reach 6 million units. ”
In addition to the engine production plant, the company also sets up the generator workshop, repair shop and parts delivery workshop.
It is learnt that the 3 billion construction funds will come from Cummins India Company and its joint venture partners.