PSA Peugeot Citroen might come to India. Busy finding land at the moment!

|
Added in: News

peugeot-citroen

Thanks to a growing interest towards India among some of the BIG automobile manufacturers, India will soon be as important as the Germanies and Americas of the world.

Like we said  here, Peugeot Citroen has shown a similar interest. According to BS Motoring‘s latest report, PSA Peugeot Citroen is looking for land to set up its manufacturing facility. The company has surveyed two sites in Andhra Pradesh. One of them is near Chittoor and the other in Sitarampet.

According to the report, the company may invest around Rs 10,000 crore, 1500 crore being for the first phase. Assumptions are that the facility could give employment to more than 10,000 people. PSA Peugeot Citroen has asked Andhra Pradesh government to offer more incentives than Tamil Nadu and Gujrat. They have also insisted that A.P government buys some vehicles from them.

The Government hasn’t taken any decision as of now. But whenever they do, you will be informed.

Thanks BSM for the news.

,
Leave a Reply

Your email address will not be published. Required fields are marked *

  • vijay says:

    mahindras new w201 is wat lots of people r waitin for, after failure of tata aria n same old looks of ford endeour, non production of fortuner dis car will b on top liking by people wit dis cars left byside as spectetors. waitin for thunder to lunch as soon as npossible.

  • Brian says:

    Wish it was below the 10L bracket.. however, the wheels in this image looks very similar to that of a chevy captiva

  • ramesh says:

    What it means of 'WORLD SUV'