Renault-Nissan Inaugurate its New Plant In Chennai

French automaker Renault and Japan car company Nissan have a global business alliance, which exists in India also. Renault Nissan alliance inaugurated its new plant in Chennai that will be capable of producing four lakh units by 2015. Both the companies will make investments to the tune of Rs. 45,000 cr in next five years. They have already invested Rs. 2,900 crores in the plant which has an initial manufacturing capacity of 200,000 units. This can be further scaled up to 400,000 units in coming years. "The all-new plant in Chennai is an intangible symbol of out growth strategy in India. The plant will play a very important role in our global alliance," Renault-Nissan alliance chief Carlos Ghosn said.

This plant will be one of the four major manufacturing hubs for the company. It has already started trial production of Nissan’s small car model Micra that goes on sale in India this July. He stated that this plant is “a milestone for the alliance.”

Ghosn also cleared that it will not severe its ties with M&M and its entry level sedan model Logan will continue to ply on Indian roads.

• Auto Expo 2012: Images of the impressive 2012 MPV Nissan Evalia           January 25, 2012
• Nissan Leaf crosses crucial sales mark of 10,000 units in US           January 23, 2012
• Nissan Motor India to increase prices of Sunny and Micra           January 21, 2012
• Nissan to raise Micra and Sunny models prices by up to Rs 12,000           January 20, 2012
• Nissan witnesses heavy growth in Europe in year 2011           January 14, 2012
• Auto Expo 2012: Nissan’s MPV Evalia all set to hit the Indian roads soon           January 12, 2012
• Auto Expo 2012: Images of Nissan EVALIA, Nissan eyeing Toyota’s market           January 06, 2012
• Nissan – the trusted international brand           January 05, 2012
• Nissan India sales jump 44.57 % in December 2011           January 03, 2012
• Nissan to display showstopper electric car Leaf at Auto Expo 2012           December 27, 2011
• 2012 Auto Expo - Nissan all-set to rejoice car lovers at Auto Expo with its Leaf EV           December 27, 2011
• Nissan to unveil Pathfinder concept vehicle at Detroit Auto Show           December 24, 2011
• New Year to get Nissan NV200 at the 11th Auto Expo           December 22, 2011
• Nissan unveils teaser image of 2013 Pathfinder Concept           December 21, 2011
• Nissan gears up to turn India into an export hub           December 17, 2011