The France based leading car manufacturer company PSA Peugeot Citroen, is all set to lay the foundation stone of its manufacturing plant in Sanand (Gujarat) today. The company will be neighboring Indian auto giant Tata Motor’s Nano manufacturing plant in Sanand. The company had announced to set-up a plant in the state of Gujarat about two months back. PSA Peugeot will be investing Rs 4,000 crore at this plant, from where it aims to roll-out 1.65 lakh cars per annum. The plant will be spread over an area of 600 acres out of which 100 acres will be utilized by company’s vendors.Vcommindia News
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