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The small car is likely to be rolled out from the Renault Nissan Alliance plant in Chennai and to hit the market in 2014–15. [ 5 ] In August 2015, RNAIPL put on hold its plans invest ₹5,000 Cr. in India due to non-payment of Investment Promotion Subsidies (IPS) promised by Tamil Nadu.
Chennai is nicknamed the "Detroit of Asia" [1] due to the presence of major automobile manufacturing units and allied industries around the city.. A number of big motor companies has presence along the 60 km Automotive Corridor which includes BMW, Ford, Hyundai, Renault-Nissan, Mitsubishi, Caparo Group, Komatsu, Caterpillar, Ashok Leyland, TVS, and others.
Nissan in India has a portfolio of two brands, Nissan and Datsun. In February 2008, Nissan, together with its global alliance partner Renault signed a MoU with Government of Tamil Nadu to set up a manufacturing plant at Oragadam, near Chennai with an investment of INR 45 billion over a period of 7 years. On 17 March 2010, the Renault-Nissan ...
Inauguration of the Renault-Nissan Alliance manufacturing facility in Chennai (investment of Rs. 4500 crores with a capacity to produce 480,000 cars per year). 2011 Renault launches its first car in India, the Fluence. Renault – Nissan Alliance manufacturing facility rolls out its 100,000th car. All new Koleos global launch in India.
Oragadam, Chennai [42] Renault India Private Limited, Datsun, Nissan Motor India Private Limited: Passenger vehicles Ennore, Chennai [19] Ashok Leyland: Commercial vehicles Hosur [19] Ashok Leyland: Commercial vehicles Hosur [43] Kamaz Vectra Motors Limited: Commercial vehicles Chennai [9] TAFE Tractors: Commercial vehicles Kalladipatti [9 ...
International Automobile majors like Daimler AG, Renault–Nissan, Komatsu have set up their car manufacturing plants here and will use it as a base for sourcing for their international markets, apart from supplying to meet the fast-growing Indian market. One of the otiose Clubs "The Chennai Corporate Club" is also located nearby.
Founded by the Government of India in 1981 and owned it until 2007. It was sold to the Japanese automaker Suzuki Motor Corporation. BMW India: 2006–present: BMW Group: BMW has a manufacturing unit in Chennai, that began operations in 2007. BMW says that the plant runs on 100 percent green electricity.
In the year 2010,around Chennai was the largest, with a 35% revenue share, accounting for 60% of the country's automotive exports, and home of the operations of Heavy Vehicles Factory, Engine Factory Avadi, Ford, Hyundai, Renault, Mitsubishi, Nissan, BMW, Hindustan Motors, Daimler, Caparo, Mini, Citroën and Datsun. [24] [25]