German automobile giant
Volkswagen has got the approval from Punjab government to set up a Rs.15 billion manufacturing facility in the state. Besides granting assurance of sufficient power supply, water supply and capital subsidy for the project, the government is also ready to appeal to the Railway Ministry for direct rail link to the factory, if the Volkswagen official so desired. Cars priced between Rs.400,000 and Rs.1,000,000 will be manufactured in this facility.
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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri
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Volkswagen has got the approval from Punjab government to set up a Rs.15 billion manufacturing facility in the state. Besides granting assurance of sufficient power supply, water supply and capital subsidy for the project, the government is also ready to appeal to the Railway Ministry for direct rail link to the factory, if the Volkswagen official so desired. Cars priced between Rs.400,000 and Rs.1,000,000 will be manufactured in this facility.For Complete Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri
For More IIPM Info, Visit below....
About IIPM ! IIPM Programmes ! IIPM Placement ! IIPM Alumni ! IIPM Alliances ! IIPM Ranking !
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