Nissan to build new plant in India for Datsun range of cars
Last Updated at
- 01:33 pm, March 01, 2013
The new plant will play a major role in Nissan’s strategy to expand Datsun’s footprint across the globe.
During mid-March last year, Nissan had officially announced that it will bring back its low-cost Datsun brand for emerging markets like India. The carmaker also confirmed that five of the low-cost models under the Datsun nameplate will make their way into the Indian market starting 2014.
According to the latest reports, Nissan has just announced it will build a new manufacturing facility in Chennai, besides the company’s existing plant. This new facility will cost Nissan Rs 1,700 crore to build and will have an annual production capacity of 200,000 units from 2014 onwards.
Nissan plans to revive the Datsun brand not only in India, but also in other emerging markets like South Africa, Indonesia and Russia. This, then, explains why the upcoming facility plays a major role in Nissan’s strategy to expand Datsun’s footprint across the globe.
First Published on 01:33 pm, March 01, 2013
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