Friday, March 16, 2012
Hindustan Motors seeks new auto contract manufacturing business
Hindustan Motors Ltd is in discussion overseas for contract manufacturing at its Chennai plant, which is presently operating at sub-optimal capacity.Hindustan Motors Managing Director, Manoj Jha said that during the period 2009-10, the company manufactured around 4,000 units from the plant. The company will like to use the idle capacity now. He further added that they are in talks with Mitsubishi as on how much they plan to use so that the remaining could be used for contract manufacturing
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