Monday, March 24, 2008

Tata Motors to shift Ace prodn to Uttarakhand

Tata Motors will shift the entire production of its mini truck Ace and the passenger carrier variant of the vehicle, Magic, to Uttarakhand by next year.

"Currently, Ace and Magic are being produced from both Pune and Uttarakhand but the idea is to shift the total production to the latter unit," Ravi Pisharody, vice president (sales and marketing - commercial vehicles), Tata Motors, said today.

He said the shift would commence by the middle of next year. "We are expecting to utilise the full capacity of the Uttarakhand plant by the end of next year," Pisharody added.

The Uttarakhand plant has a production capacity of 2.25 lakh units per annum, and the company made an investment of Rs 1,000 crore in setting up the facility.

The company today launched its six-seater rural transportation vehicle Magic priced at Rs 2.68 lakh (ex-showroom Delhi), and 9-13 seater maxicab Winger (Rs 4.67 lakh to Rs 6.67 lakh, ex-showroom Delhi) in north India.

http://www.business-standard.com/common/storypage_c_online.php?leftnm=10&bKeyFlag=IN&autono=34654

No comments: