Sunday, November 4, 2007

Mahindra & Mahindra joint venture with North American, Navistar International Corp to produce diesel engines for medium and heavy commercial vehicles

M&M and another Navistar affiliate, International Truck and Engine Corp, are already in another 51:49 tango — Mahindra International — to make trucks and buses in the country.

The $80 million project involves an upcoming greenfield facility in Pune.

MIEL will set up a greenfield unit which will manufacture diesel engines for the full line of trucks and buses produced by the preceding JV beginning April 2009.
:M&M, Navistar in truck to make HCV engines:DNA Money:

No comments: