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Continental is setting up a plant at Kesurdi industrial zone in Pune, Maharashtra, on 12,000 sq m of land. The plant will manufacture premium surface materials for the automotive industry with an initial annual capacity of 5 million sq m. Investment is Rs 180 crore (~$25 million). The factory is slated to go on stream in 2020.
“Continental, a German automotive manufacturing company, is setting up a plant at Kesurdi industrial zone in Pune, Maharashtra.”projectstoday.com
Summarized from public sources; check the original articles before acting on it.