French automobile manufacturer Peugeot Citroen is scouting to enter Indian Market by setting up facility in India. The company has already looked two sites in Chittor and Sitarampet both located in Andhra Pradesh. The company is in talks with the Andhra Govt. to provide incentives and also insist that the Govt. purchase their vehicles.
Peugeot Citroen will invest around Rs 10,000 Crores in coming years. The company aims to create employment to over 10,000 people in India.
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