July 1, 2011
Just a couple of days ago, we reported on PSA Peugeot Citroen having finalized its plant in Tamil Nadu. However, the officials of the French car maker have denied the development. Instead the company is still negotiating with Andhra Pradesh, Gujarat and Tamil Nadu states. The above negotiation is set to continue for the coming [...]
Read the full article →
June 29, 2011
After months of negotiation, PSA Peugeot Citroen have finally finalized its plans to setup its first plant in India. The French automaker has identified land at Sriperumbudur for its upcoming facility. The company will invest close to Rs. 4000 crore for the manufacturing unit near Chennai, which is also the home of Hyundai, Ford, BMW [...]
Read the full article →