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Hitachi to set up auto component plant in Chennai

Industry Transport equipment

Hitachi Automotive Systems is planning an automotive components and system plant at One Hub Industrial Park, near Chennai. The new plant is scheduled to begin production of Valve Timing Control Systems (VTCs) and ignition coils in October 2015.Approximate cost of the project is around Rs. 313 crore.

Extracted from BS, Apr 16,’15

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