NATRiP to invest Rs 1,718 cr in seven auto centres

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:54 PM IST

National Automotive Testing and R&D Infrastructure Project (NATRiP) today said it will invest Rs 1,718 crore for setting up auto testing facilities at seven locations across the country by 2011.

"We have earmarked an investment Rs 1,718 crore for the seven facilities. All the projects will be completed by September 2011," NATRiP Officiating CEO and Project Director Rajesh Singh told reporters on the sidelines of JK Tyre Baja conference here.

NATRiP, a joint venture among the central government, a number of state governments and the country's auto industry to create a state-of-the-art testing, validation and R&D infrastructure, would set up its centres at Manesar, Chennai, Indore, Silchar, Rae Bareilly, Pune and Ahmednagar.

"We will invest Rs 430 crore in Indore, where a 14.5 km high-speed track will be constructed. It will also comprise 32 kms of different types of tracks," Singh said.

The Indore centre would be developed at an area of 4,123 acres in Pithampur, he added.

In Chennai, NATRiP is developing a centre with an investment of Rs 470 crore, which would have a full-fledged testing and homologation facility for OEMs, Singh said.

"Each of these two places (Indore and Chennai) will have one centre of excellence for automotive research," he added.

NATRiP is also developing a testing and homologation centre at Manesar, which would be operational by 2010. It is being set up with an investment of Rs 440 crore, Singh said.

He further said NATRiP would invest Rs 43 crore to develop an advanced inspection and maintenance centre, a specialised hill area driving training centre and an in-use vehicle management centre at Silchar in Assam.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2008 | 8:02 PM IST

Next Story