Hindustan Motors (HML), is reportedly planning to ink pact with automobile multinationals to outsource some of their manufacturing. Recently, the beleaguered automaker decided to hive off the Chennai facility to a wholly-owned subsidiary, so that business units can pursue their respective growth plans. Company’s Chennai plant in which HM manufactures Cedia, Outlander, Pajero and Montero in technical collaboration with Japanese automaker Mitsubishi, has an installed capacity of 24,000 units per year.
Hindustan Motors is India’s pioneering automobile manufacturing company manufactures passenger cars, Multi Utility Vehicles and RTV. It also manufactures passenger cars in the mid size premium segment (Mitsubishi Lancer, Lancer Select, and Lancer Cedia) and has brought the Sports Utility Vehicle (Mitsubishi Pajero) into the Indian market, in collaboration with Mitsubishi Motors of Japan.
