Log has written
WEDNESDAY, FEBRUARY 15, 2012

New Delhi: Japanese auto maker Nissan, which plans to launch its global small car in the Indian market next year, will start the first trial production of the product from its Chennai plant in November.

“More than 30 units will be produced in the first trial production that will commence in November,” a source familiar with the development said.

When contacted a Nissan Motor India spokesperson declined to comment on the specific production schedules, but said construction of the Chennai plant was going ahead to meet the May 2010 deadline for launch of the small car in India.

The company has already started trial production of power train in September along with trial run of the body shop. It is currently installing stamping machines.

Nissan had recently revealed the sketch of its global compact car that would be produced in five countries, including India, China and Thailand, from next year.

“Our first car that is made on this global compact car platform in Chennai will have its global premiere at the Geneva Motor Show 2010,” the spokesperson said.

The company had announced an investment of Rs4,500 crore in partnership with French firm Renault over a period of seven years for setting up the Chennai plant, which will have an initial capacity of around 200,000 units, scalable up to 400,000 units in the future.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Inflation at 2-year low; risks remain
Fall increases chances of monetary easing by RBI; analysts warn macroeconomic risks could reverse trend
Home, auto and personal loans see sharp fall in growth
The year-on-year loan growth to capital-intensive industries slowed to 19.8% between December 2010 and...
Banks oppose Irda norms on retailing policies
With banks starting their own insurance ventures, non-bank promoted insurers have been finding it difficult...
Tata Motors net profit up on strong JLR sales
The company’s profit soars 41% to a record high of Rs 3,406 crore in the three months ended December
RBI warns on bad loans, but says situation not alarming
Sinha said it will be more challenging for banks to find equity investors after the stricter capital...