Tuesday, August 15, 2006

Mahindras may set up unit in Dharwad

Mahindras may set up unit in Dharwad
The Times of India - Bangalore Edition

By M L Kapur/TNN

Hubli: After having lost the race to West Bengal in attracting Tata's Rs 1-lakh car project, the state government has recently come upon a similar opportunity. This time it is auto major Mahindra & Mahindra which is planning to set up a unit in Dharwad.

Mahindras are believed to be scouting for a minimum of 1,000 acres of land near Dharwad to expand their tractors and high-end sports utility vehicle Scorpio capacity, with an eye on both domestic and overseas markets. Top officials of the company come here twice within a span of one month in connection with the project. The move was initiated sometime towards the end of June with a member of the North Karnataka Small Scale Industries' Association, Hubli, arranging a meeting between M&M president Vinod Goenka and Karnataka medium and large industries minister Katta Subramanya Naidu in Bangalore.