| Tata Motors to invest Rs 2,500 cr |
| S KALYANA RAMANATHAN / New Delhi March 13, 2006 |
| To set up plant for fast-selling light commercial vehicles. Tata Motors Ltd will invest Rs 2,500 crore in a plant in Uttaranchal to make its fast-selling light commercial vehicle, Ace, and possibly its forthcoming Rs 1 lakh car. The plant will come up at Pantnagar and have a capacity to produce 350,000-400,000 vehicles a year. Responding to a huge demand for the Ace, Tata recently announced that it would double the vehicle |
