# 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.

- Type: New facility
- Announced: 2018-11-22
- Where: Hosur, India
- Value: $83.0M (6.00B INR)
- Jobs: 800
- Status: completed
- Capacity: 300,000 transmission units and 200,000 BS VI engines per year initially
- Products: transmissions, gearboxes, BS VI engines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [PSA AVTEC Powertrain](https://endata.com/companies/4211.md)
- [Groupe PSA](https://endata.com/companies/718.md) (partner)
- [AVTEC Group](https://endata.com/companies/4212.md) (partner)
- [C K Birla Group](https://endata.com/companies/4213.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/article/pti-stories/psa-avtec-powertrain-opens-new-factory-in-hosur-118112201126_1.html), 2018-11-22: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.