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PSA-AVTEC Powertrain, a 50:50 joint venture between Groupe PSA and Avtec, started construction of a new plant in India for manufacturing next-generation gearboxes and engines, with an initial capacity of 200,000 units per year.
“The ground-breaking ceremony is a key milestone in the deployment of our strategic plan Push to Pass and it reiterates the commitment of Groupe PSA to India.”auto.economictimes.indiatimes.com
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