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PIAGGIO TO ROLL OUT 4-WHEELER, PUMP IN US$21 MLN IN INDIA.
NEW DELHI, Dec 1 Asia Pulse - Italian automaker Piaggio would launch four vehicles, including a 4-wheeler in India by 2004 and source auto components worth 120 million euro (US$144 million), a top company official said on Friday.
The company would also invest Rs 1000 million (US$21.8 million) at its Baramati (Maharashtra) plant to scale up production from 100,000 units, its CEO Rocco Sabelli said.
"We have firmed up plans to roll out 3 large range of 3-wheelers ...
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