Piaggio Baramati unit to be global powertrain hub
Monday, August 4th, 2008
Italian auto major Piaggio plans to make the engine shop at the Baramati plant the global hub for sourcing powertrains. Piaggio’s fully-owned Indian subsidiary Piaggio Vehicles (PVPL) is the market leader in the three-wheeler segment.
Piaggio is investing Rs 450 crore in the engine shop and will develop twin cylinder turbo-charged diesel engines of up to […]