Friday, 26 August 2011

Renault-Nissan rolls out 1L units

The alliance plant of Renault-Nissan automotive manufacturing facility in Oragadam, near Chennai, has crossed a milestone achievement of rolling out one lakh units. 

Nissan and Renault signed a memorandum of understanding (MoU) with the Tamil Nadu state government to set up a greenfield plant in 2008 with a combined investment of Rs 4500 crore. The plant now employs 4000 persons. 

"We started production in May last year. Between then and now we have rolled out one lakh cars from the Oragadam facility ," Kou Kimura, CEO and MD of Renault Nissan Automotive India said. The plant has achieved this milestone in 13 months. "This is the fastest roll out of one lakh cars in India." 

The facility -- only of its kind which makes vehicles for both Nissan and Renault makes Nissan Micra, a hatchback and assembles Renault's Fluence, a sedan. 

Work on the third shift began a couple of weeks ago. "At current levels we can make 2 lakh cars a year, which we will double and work for which will start sooner as we will reach saturation levels of our existing capacity," Kimura said. 

Renault has announced plans to launch 5 cars over the next 18 months, while Nissan has just launched its sedan Sunny and has announced making its light commercial vehicle as well from the Oragadam plant.


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