Carnation Auto to invest Rs 1,000 cr for setting up 65 outlet

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Greater Noida, Sept 30 (UNI) With an aim to become country's largest automotive product, sales and service provider, Carnation Auto India today said it plans to invest about Rs 1,000 crore for setting up hundred service outlets in 65 cities across the country in next five years, besides opening an automotive training institute.

''By the end of this financial year, six service outlets will be operational... total investment in the project will be around Rs 1,000 crore,'' the company Managing Director Jagdish Khattar told reporters here.

The company will also set up an automotive training institute, Mr Khattar, the former Maruti Udyog Ltd Managing Director, added.


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