PSA Peugeot-Citroen appears to be finalising plans to set up manufacturing base in India. A high-level delegation this week met the chief minister of Tamil Nadu (a coastal state in Southern part of India), Ms J Jayalalithaa, in Chennai, to present a proposal to set up an integrated automobile plant in Sriperumbudur, 45km west of the capital Chennai regarded as a key automobile hub in India. The delegation was headed by Gregoire Olivier, head of Asian operations.
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