PSA AVTEC Powertrain opens ₹600 crore greenfield plant in Hosur

PSA AVTEC Powertrain, a joint venture of Groupe PSA and AVTEC Group, opened a greenfield facility in Hosur to make transmissions and BS VI engines, with an investment of ₹600 crore and 800 new jobs.

“The initial manufacturing capacity of the plant would be about three lakh units for transmissions per annum and two lakh units for BS VI-compliant engines.”business-standard.com

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• business-standard.comPSA AVTEC Powertrain opens new factory in HosurNov 22, 2018

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