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Peugeot to start operations in India
French auto manufacturer Peugeot is scouting for Greenfield plant in Andhra Pradesh and Tamil Nadu. It intends to set up its manufacturing unit in India and plans to re-enter the Indian auto market. Its entry has been delayed in the country due to the global credit crunch and severe economic crisis looming large over entire Europe.
The research firm, IMIRB conducted a consumer research for the company last October. After a positive response from the automobile customers in India, it now plans to bring its hatchback model 307 and C5 sedan in India.
The company officials have met government officials in both the states about their plans and look forward to find a favorable location for setting up their new plant in India. Peugeot Vice President India, Rajesh Nellore, has confirmed about his meetings with the government officials. It does not intend to directly import its cars as Completely Built Units as they are not economically viable. Thus, it intends to set up its plants and import the cars as CKD and assemble the same locally.
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Comments on this article
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The appearance seemed to be the chevy spark. Don't like lowered vehicles though. Here in ohio roads are quite elevated and it's not a good news using lowered cars like this. Anyway, the structure is awesome plus the mags are well crafted. Guess the maintenance could be easily done as well with the present of online stores that offer.
Norman (June 18, 2011)
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Peugeot has never learn't from there mistakes .....
Who are they up against, the indian consumer or PAL... Why do they have to post such ad's in europe... http://www.youtube.com/watch?v=Lbwp0OTk0Hs And they wish to sell car here in india... Indiancarlover (February 24, 2009)
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This is a great move by Peugeot. I have owned 2 Peugeots over the past 6 years in Jaipur and they are the best cars for our conditions. The diesel engines are superb, the suspension and ride is excellent and they are very sturdy cars. All the best and hope they get the pricing right..
Sasi Menon (February 24, 2009)
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