Nissan will be rolling out three different variants of its hatchback and sedan models (including the new Nissan Micra), as well as a multipurpose vehicle (MPV), from five plants across the world, one of which is coming up at Oragadam, 55 km from Chennai.
The other plants are located in Thailand and China while the locations of the remaining two are yet to be decided.
Acc to the company, the proposed cars will be lighter and more fuel-efficient but will not have Nissan's newly developed fuel injection systems for small capacity petrol engines
The company plans to ship out 110,000 units from the Indian plant from 2011 onwards and later increase the export to 180,000 units to more than 100 countries
The factory has a capacity of 200,000 vehicles, & is set to become operational by June next year. Nissan predicts that European exports will account for between 60 and 70 per cent of total production.
Acc to Nissan’s senior executive,
“It’s been difficult for us to make money on small cars in Europe. But we’re not going to India just to lower costs. We want to be in the Indian market, and to be in India, you have to build cars there.”
The company hopes to achieve a five per cent market share in India through its new factory and expects Renault, its aillaince partner, to utilise the facility in due course.
[via Autocar, IANS]