Foton Motor of China to enter India with Commercial Vehicles

     Beijing based Beiqui Foton Motor is the world’s largest commercial vehicle manufacturer. Foton has announced it will enter in India with LCV and MCV by 2012.

     The company is in talks with Maharashtra Government to invest Rs. 1676 crore in setting up a plant near Pune. Foton has 14 plants spread across China and its Indian plant will be its first outside China. It has 10 major product brands, namely Auman, Auv, Aumark, Forland, MP-X, Midi, Saga, View, Ollin and SUP.

Foton’s Executive VP, India Operations, R Shankar -
Initially, we will launch a host of products in the LCV and MCV segments in the first year itself from our Indian facility. The Indian commercial vehicle industry is the world’s fourth largest and is expected to grow rapidly. We are confident of playing an important role here. We are not joining hands with others to set up our India facility. This plant will be the company’s first facility outside China.

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