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Tue, Oct 17, 2017 | Last Updated 8:13 pm IST

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  • Automakers to invest $8-10 billion to build factories in India

    Automakers to invest $8-10 billion to build factories in India New Delhi sources have stated that automakers are expected to invest $8-10 billion (Rs 51,600-64,500 crore) in India to set up factories and expand production in the country. The investment will span over a period of three to four years. The report further said this decision will most probably increase the production of passenger vehicles in India by 1.3-1.5 million units a year and generate employment for 20,000-25,000 people

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