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Peugeot Scraps India Plans

Peugeot Scraps India Plans

Submitted by • September 24, 2012

As per the update, the car maker has returned the legal rights of the land that was allotted to it in Sanand Gujarat saying that it will be focusing on its operations in Europe rather than thinking of an expansion. Notably, the French car giant proposed to launch new cars in India and wanted to set up a car manufacturing facility at Sanand by investing Rs 4,000 crore.

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