Chennai, March 18, 2010 – Renault-Nissan Alliance Chairman and CEO Carlos Ghosn today joined more than 1000 guests in Chennai, India, for the inauguration of the first dedicated Renault-Nissan Alliance vehicle manufacturing plant.
The inaugural ceremony was attended by the representatives of the State Government led by Dr. M Karunanidhi, the Hon. Chief Minister of Tamil Nadu in the presence of Dr. M K Stalin, the Hon. Deputy Chief Minister. Also present were Mr. Yoshiro Mori, President, the Japan-India Association & Former Prime Minister of Japan and both the Ambassadors of Japan and France to India.
Representing an investment of 45 billion Rupees ($990 million) and with the capacity to produce 400,000 units per year at full ramp up, 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.
“Our plant in Chennai represents a key milestone for the Renault Nissan Alliance in India,” said Carlos Ghosn. “With the new Micra, we have the start of a product offensive in India that is supported by a localized manufacturing facility capable of making products for both Renault and Nissan.”
The first vehicle to be produced at the plant will be the new Nissan Micra, a global sub-compact. The Micra, production for which will commence in May 2010, is the also first vehicle derived from the new V-platform, is destined for the Indian market as well as for export to over 100 countries in Europe, the Middle East and Africa. In 2011, the plant will start production of the Renault Koleos and Fluence, both destined for the Indian market.
Chennai already plays host to the Renault-Nissan Technology and Business Centre India Private Ltd (RNTBCI) which is contributing to both partners’ global operations in the key areas of advanced research and development, advanced CAE (Computer-Aided Engineering), product development, digital vehicle development, information systems development and local and global parts sourcing.
Photo of Nissan's Chennai plant:
