HM to treble Pajero's production
Riding high on the growing demand for SUV, HM has decided to treble the production of Mitsubishi Pajero in two phases.india Updated: Jan 30, 2006 13:33 IST
Riding high on the growing demand for Sports Utility Vehicle (SUV) in the country, Hindustan Motors Limited has decided to treble the production of Mitsubishi Pajero in two phases.
"We are expecting that the demand for SUVs is going to rise substantially in the country. Therefore, in order to cater to increasing demand, we have decided to increase the production of our SUV Pajero presently from 40 vehicles per month to 120 vehicles per month in next fiscal," Hindustan Motors Managing Director R Santhanam said. However, he refused to divulge the details of investment to be put in for enhancing the production.
Initially, the company will jack up the Pajero SUV's production to 80 vehicles per month in March-April and thereafter, it will be increased to 120 vehicles per month in July-August, he said during the launch of Lancer Cedia here.
Hindustan Motors, a flagship company of CK Birla Group, is also quite bullish over the demand for its passenger vehicle 'Ambassador' in Punjab market.
The company is in the process of launching Ambassador 'Diesel Turbo' exclusively in the state.
"We will soon be launching Diesel Turbo version of Ambassador for Punjab only," the MD said.
At present, the company sells 25 Ambassador cars per month in Punjab and is expecting to sell 40 cars per month in the state in view of growing demand for this vehicle.
In addition to producing Ambassador, Contessa, Trekker, Porters and Pushpak, Hindustan Motors also manufactures Mitsubishi brand cars including Lancer and Pajero in collaboration with Mitsubishi Motors, Japan.