01-15-2006, 03:16 AM
<b>US autopart maker to invest 130 million dollars in India </b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->NEW DELHI, India (AFP) - US automobile component maker Delphi has said it will invest five billion rupees (130 million dollars) to manufacture fuel injection systems in India.
The company, which has a partnership with India's TVS, will also set up a technical centre for product development in the southern city of Chennai, the Press Trust of India reported Saturday.
"The investment would be made over a span of four to five years," Delphi-TVS managing director T.K. Balaji was quoted as saying by the news agency
<!--QuoteEnd--><!--QuoteEEnd-->
The company, which has a partnership with India's TVS, will also set up a technical centre for product development in the southern city of Chennai, the Press Trust of India reported Saturday.
"The investment would be made over a span of four to five years," Delphi-TVS managing director T.K. Balaji was quoted as saying by the news agency
<!--QuoteEnd--><!--QuoteEEnd-->