Indore, Apr 29 (UNI) A new truck production facility -- joint venture between Force Motors Ltd and Germany-based Man Nutzfahrzeuge -- will start at Pithampur industrial area near here tomorrow.
Man Nutzfahrzeuge, a 7.4-billion-euro Munich-based company, has tied up with Pune-based Force Motors to drive growth in the Asian, South African, South American, and South-East Asian markets in the first phase of operations.
Encouraged by the joint venture with Man, Force motors has set a target to manufacture one lakh trucks by 2010 and is hopeful to export 12,000 trucks in the next 4-6 months, sources said.
Union Agriculture Minister Sharad Pawar, MAN AG's Chairman Hakan Samuelsson, Force Motors Ltd Chairman Abhay Firodia would remain present at the inauguration ceremony.
Meanwhile, two international airliners of Swiss Air arrived for the first time at Devi Ahilya Airport here in connection with this programme.
Besides Mr Samuelsson, MAN Chairman and other foreign dignitaries were given warm welcome in the traditional manner of Malwa region.
Force Motors Ltd Chairman Firodia was also present to welcome the guests.
UNI AA PS MP RN1823
Man Nutzfahrzeuge, a 7.4-billion-euro Munich-based company, has tied up with Pune-based Force Motors to drive growth in the Asian, South African, South American, and South-East Asian markets in the first phase of operations.
Encouraged by the joint venture with Man, Force motors has set a target to manufacture one lakh trucks by 2010 and is hopeful to export 12,000 trucks in the next 4-6 months, sources said.
Union Agriculture Minister Sharad Pawar, MAN AG's Chairman Hakan Samuelsson, Force Motors Ltd Chairman Abhay Firodia would remain present at the inauguration ceremony.
Meanwhile, two international airliners of Swiss Air arrived for the first time at Devi Ahilya Airport here in connection with this programme.
Besides Mr Samuelsson, MAN Chairman and other foreign dignitaries were given warm welcome in the traditional manner of Malwa region.
Force Motors Ltd Chairman Firodia was also present to welcome the guests.
UNI AA PS MP RN1823
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