Cummins Expands India Engine Joint Venture

Posted on January 30, 2006

Cummins Inc. said it signed an agreement allowing its joint venture with India’s Tata Motors to expand engine production. The joint venture, Tata Cummins Ltd., will fund the $60 million expansion from ongoing cash flow and joint venture debt, Cummins said in a statement.

The venture will boost production of Cummins B series engines to 100,000 units annually within two years and to 120,000 units thereafter, Cummins said. The venture currently produces about 69,000 Cummins B series engines per year.

The joint venture was started in 1992 to make engines for trucks manufactured by Tata Motors, India's largest truck producer.

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