Hyundai Heavy to set up plant near Pune

Hyundai Heavy to set up plant near Pune
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First Published: Tue, Jun 19 2007. 06 39 PM IST
Updated: Tue, Jun 19 2007. 06 39 PM IST
By PTI
Mumbai: South Korean firm Hyundai Heavy Industries signed a memorandum of understanding (MoU) with Maharashtra Government for setting up a construction equipment plant in the state.
Hyundai would invest about Rs260 crore in the proposed plant at Chakan near Pune. The MoU was signed by Maharashtra’s Principal Secretary (Industries) V K Jairath and Hyundai Chief Operating Officer K H Park in the presence of Industries Minister Ashok Chavan.
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First Published: Tue, Jun 19 2007. 06 39 PM IST