China based Beiqi Foton Motor today made an announcement that they will enter the Indian Auto market with a host of LCV and MCV in their first year. Foton has singned a MoU with the Maharashtra government and decided to invest Rs 1,676 crore setting up a manufacturing plant in Pune which will produce the company’s vehicles, with launches beginning in 2013.

Foton as a parent company has 10 major brands which are Auman, Auv, Aumark, MP-X, Midi, Saga, View, SUP, Ollin and Forland. India will be the first country where it will set up a plant apart from its home country China. The company has operations in Russia, Iran, Pakistan, Vietnam, Indonesia and Kenya and exports to over 100 countries around the globe.

Foton Motors To Set Up Plant At Pune


[caption id="attachment_18596" align="alignnone" width="400"]Foton Motors To Set Up Plant At Pune Auman_6_Ton


Foton Motors To Set Up Plant At Pune


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