Mercedes Benz may set up manufacturing plant in India
German automobile manufacturer Mercedes Benz is considering setting up a plant in
This plant will be set up at an enormous expenditure of INR 2,500 to INR 3,000 crore. The company is yet to finalize it plans. However, the company is giving serious thought to the lower cost of manufacturing in
After launching the company’s intercity luxury bus in Pune, the business head of Mercedes Benz Harald Landman said this in Pune. The luxury bus is built at a cost of Rs. 80 lakh. It will compete with its Swiss competitor Volvo in the fast growing luxury bus sector in the country.
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