Renault-Nissan to manufacture Nissan March in Chennai
Renault Nissan Automotive India Ltd. (RNAI), which is investing about Rs 4,000 crore in its new manufacturing facility at Orgadam, near Chennai, will be rolling out the next-generation Nissan March from this factory in 2010.
RNAI's plant in Orgadam will start with an initial capacity of 400,000 cars per annum, and apart from domestic sales, Nissan will also be exporting cars to Europe via the Ennore port. A large number of automotive components suppliers will also set up shop near Orgadam because of the Renault-Nissan facility. Nissan Motor India Ltd., which has tied up with Hover Automotive to take care of its car distribution in the country, plans to have more than 50 dealerships in place by 2012.
[Via: indiaautomotive]