Tata Cum­mins to in­vest Rs.300 cr

Commercial Vehicle - - NEWS -

Tata Cum­mins will in­vest Rs.300 crore to up­grade the range of en­gines it of­fers in In­dia to meet BSVI emis­sion norms that will come into ex­is­tance from April 01, 2020. In­dus­try sources claim that the com­pany will also di­vert some of the in­vest­ment to ex­pand the man­u­fac­tur­ing fa­cil­ity at Phal­tan. The in­vest­ment of Rs.300 crore is in ad­di­tion to a sched­uled in­vest­ment of Rs.600 crore ear­marked last year, men­tion sources. Tata Cum­mins is a joint ven­ture be­tween Tata Mo­tors and Pune-based Cum­mins Inc. Anant J Talaulicar, Chair­man and Man­ag­ing Di­rec­tor, Tata Cum­mins, is known to say that his com­pany will spend Rs.600 crore for the de­vel­op­ment of prod­ucts and ex­pan­sion of the fa­cil­ity this year. A sum of Rs.300 crore will be also spent on the de­vel­op­ment of BSVI tech­nol­ogy. Cum­mins is said to be in­di­genis­ing BSVI tech­nol­ogy in a fru­gal man­ner. It is look­ing at a 50 per cent drop in tech­nol­ogy costs when com­pared to the costs in Europe. An­other fo­cus area for Cum­mins is claimed to be al­ter­nate fu­els. The com­pany is said to be look­ing at bat­tery sys­tems and elec­tron­ics de­ployed in elec­tric ve­hi­cles.

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