At Sanand plant Peugeot Citroen to start work from November

Gujarat has already attracted many auto investments recently and Sanand is becoming a center for auto manufacturing. Now it has been reported that the French automaker PSA Peugeot Citroen will begin work on its plant in Sanand in the first week of November. The company announced on September 1 that the company would return to India after 10 years and set up its plant in Gujarat.

It was reported that American car-maker Ford Motors too has began its work on its second Indian facility that will roll-out the first car in 2014. While Peugeot plans to invest Rs 4,000 crore, Ford too will invest a similar amount and have a capacity to produce 1.65 lakh cars annually. The report mentioned that according to the officials the stone laying ceremony will take place on November 3 at the 600 acre site at Sanand. The design of the manufacturing facility has been finalised and its officials are undergoing training in France. Peugeot officials also claimed that the work on the manufacturing plant is going on in full swing. The European car-maker will produce B-plus, C and D class cars for the Indian market. Its model 508 will be the first to roll out in 2014.Vcommindia News