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Our Bureau

New Delhi, Feb. 26

The Punjab-based Sonalika Group controlled International Cars and Motors Ltd (ICML) has set for itself an ambitious export target of 5,000 Rhino cars valued at about Rs 300 crore during the financial year 2007-08.

A statement issued by the company said that it has already started car exports during its first year of commercial production and has sent its first export shipment to Nepal. The second export consignment would be despatched to South Africa shortly, the statement added.

More Stories on : Outlook | Exports & Imports | Cars

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