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Production - India - MAN AG Invest in India to begin in 2006
Munich,Germany -Bloomberg, by Chad Thomas -Dec. 15, 2005: -- MAN AG, Europe's third-largest truckmaker, plans to set up a venture to build heavy trucks in India as it's trying to expand beyond Europe... MAN will take a 30 percent stake in the 150 million-euro ($180 million) venture with Force Motors Ltd., an Indian maker of small trucks and three-wheelers, to produce vehicles in India beginning in the fourth quarter of 2006...
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