Foton Motors To Set Up Plant At Pune

China based Beiqi Foton Motor today made an announcement that they will enter the Indian Auto market with a host of LCV and MCV in their first year. Foton has singned a MoU with the Maharashtra government and decided to invest Rs. 1,676 crore setting up a manufacturing plant in Pune which will produce the company’s vehicles, with launches beginning in 2013. Foton as a parent company has 10