West Bengal chief minister, Buddhadev Bhattacharjee on Wednesday laid the foundation stone for a motor cycle manufacturing factory funded by the Indonesia-based Salim Group in Howrah district.
This is the first project of the Salim group in the state. Universal Success, another Indonesia-based company is jointly implementing the motor cycles manufacturing company with Salim Group.
The Mahabharat Motors Manufacturing Co. Pvt. Ltd, is the first motor cycle manufacturing company in Eastern India that will start production from March 2007. AS part of its long-term investment plans for West Bengal, the Salim Group will invest $250 million for setting up the motor cycle manufacturing company.
Gautam Gupta has more on the story.