Hyundai Heavy to set up plant near Pune | autos | Hindustan Times
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Hyundai Heavy to set up plant near Pune

South Korean firm Hyundai Heavy Industries signs a MoU with Maharashtra Govt for setting up a construction equipment plant in the state and it would invest about Rs 260 crore in it.

autos Updated: Jun 19, 2007 17:09 IST

South Korean firm Hyundai Heavy Industries on Tuesday signed a memorandum of understanding (MoU) with Maharashtra Government for setting up a construction equipment plant in the state.

Hyundai would invest about Rs 260 crore in the proposed plant at Chakan near Pune.

The MoU was signed by Maharashtra's Principal Secretary (Industries) VK Jairath and Hyundai Chief Operating Officer KH Park in the presence of Industries Minister Ashok Chavan in Mumbai.