 "The ceremony was attended by Carlos Tavares, Chairman of the Managing Board, Groupe PSA and CK Birla, Chairman, the CK Birla Group")
Groupe PSA & the CK Birla Group on Thursday inaugurated their first Powertrain JV plant in India. The new plant, in which the company would invest Rs 6 billion, is a greenfield plant for the transmissions and BS-VI compliant engines.
The plant is located at Hosur, Tamil Nadu and close to Bangalore. The facility will manufacture and supply technologically advanced and eco-friendly powertrain for the Global and Domestic Automotive market, in-line with the future industry norms and customer expectations.
The ceremony was attended by Carlos Tavares, Chairman of the Managing Board, Groupe PSA and CK Birla, Chairman, the CK Birla
