Mahabharat
Motors Manufacturing Co. Pvt. Ltd, will come up at Uluberia
in West Bengal with an initial investment of US$ 250 million.
Spread
over an area of 65 acres, the facility will have a floor space of
10,000 sq. meters including production facility, storage facilities,
canteen, office space etc.
Apart from its real estate interest in West
Bengal, Universal has also tied up with Salim Group again to set up a
green field motorcycle manufacturing company.
The initial plant capacity will be 60,000 units per year and the final
capacity is targeted at 500,000 units per year. The project will employ
initially 500 people and will go up to 6000 people gradually.
West Bengal Chief Minister with
Mr. Mukherjee, Director of Universal Success and Mr. Benny Santoso of
Salim Group at the ground breaking ceremony of Mahabharat Motors