Khattar drives into multi-brand car sales

After managing India�s largest passenger car company for 14 years, Jagdish Khattar, former Maruti MD, announced his foray into the organis ed multi-brand car sales and service business with an investment of Rs 1,000 crore over the next five years.

The new company�Carnation Auto India Ltd�is backed by Rs 80-crore investment from Wipro chairman Azim Premji�s PremjiInvest and Rs 28 crore from IFCI Venture Capital Funds. More
Courtesy: indiacar.net

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