Peugeot may finalise Andhra Pradesh for car plant this month

According to a Bloomberg report from Paris, Peugeot officials are likely to take a final decision on the issue this month and then put it before the company’s board for a formal approval. It is only after the board’s approval, the issue is likely to come up before the state government.

....

However, sources said that the company’s team had done an initial round of evaluation of the locations recently and has found Nellore on the coast as a suitable location owing to its proximity to Chennai - as was reported by DNA on January 12 this year.

http://www.dnaindia.com/money/report_peugeot-may-finalise-andhra-pradesh...