CK Birla Group arm Avtec to invest Rs 600 crore in EV, BS-VI tech

— June 19, 2018 comments off

The investment — it excludes the Rs 500 crore it is investing in PSA-Avtec Powertrain, an equally owned joint venture with French automaker PSA — will enable the company to boost its revenue to Rs 2,500 crore a year in the next three years,