Argentum Motors owned by Ashish Deora to Expand Capacity to Produce 0.4 Million Small Cars

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(Free-Press-Release.com) October 19, 2008 -- Argentum Motors is set to expand its capacity for small cars to 0.4 million per annum. Argentum Motors would also start manufacturing 1-2 litre engines to cater to the demand for small cars. The company is creating flexibility at plant to suit a larger range of vehicles. Existing facility, which can produce engines in the size of 1.3-1.7 litre, is being expanded for 1-2 litre. The company was also setting up a new paint shop and an assembly line which would have a capacity of 0.25 million-0.3 million cars per annum at an investment of INR 5,000 million.

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Argentum motors     ashish deora