x Abu Dhabi, UAEFriday 19 January 2018

Renault-Nissan targets Indian market with new plant

CHENNAI // Renault-Nissan Alliance chairman and CEO Carlos Ghosn joined more than 1,000 guests in Chennai, India, last week for the inauguration of the first dedicated Renault-Nissan Alliance vehicle manufacturing plant. Representing an investment of 45 billion Rupees (Dh3.6 billion) and with the capacity to produce 400,000 units per year, the new Chennai plant will initially employ 1,500 workers at start of production in May 2010. With a supplier park of six companies in Chennai, the company estimates a total of 6,000 jobs will be created in the region.

The first vehicle to be produced at the plant will be the new Nissan Micra. In 2011, the plant will start production of the Renault Koleos and Fluence, both destined for the Indian market. "Our plant in Chennai represents a key milestone for the Renault-Nissan Alliance in India," said Ghosn. "With the new Micra, we have the start of a product offensive in India that is supported by a localised manufacturing facility capable of making products for both Renault and Nissan."