M&M plans motorcycle forayPrabodh Chandrasekhar / Mumbai March 30, 2006Utility vehicle maker Mahindra & Mahindra plans to set up a motorcycle assembly plant at Haridwar in Uttaranchal at an estimated investment of Rs 300-400 crore.The 30,000-unit capacity plant was expected to start marketing 100 cc and 125/150 cc bikes by early 2008, said sources in M&M. The company is understood to have tied up with Chinese two-wheeler maker Lifan, which will supply the manufacturing technology.The plant will be set up adjacent to M&M
