The Major Players

Updated on: 7 February 2024 7:34 pm

Published At: 31 March 1997 12:00 am

The Major Players

Ford: JV with Mahindra & Mahindra Car Name: Fiesta Plant location: Maraimalainagar, 40 km south of Chennai. Plant capacity: 1,00,000 cars Investment cleared: Rs 1,500 crore

Mitsubishi: JV with Hindustan Motors Car Name: Lancer Plant Location: Tiruvallur, 40 km north of Chennai. Plant capacity: 24,000 cars Investment cleared: Rs 350 crore

Hyundai: 100 per cent subsidiary of the Korean parent company Car Name: Accent Plant Location: Sriperumbudur, 40 km west of Chennai Plant capacity: 1,20,000 cars Investment cleared: Rs 1,700 crore

Iveco: JV with Ashok Leyland Vehicle name: Cargo Plant Location: Hosur, 400 km from Chennai Plant capacity: 15,000 vehicles Investment cleared: Rs 450 crore