Nissan has large and wide network in the Asian region and to expedite its work, India will become the hub for components. The regions covered under this process will be Taiwan, Thailand and Japan, said the company’s CEO and MD for India. The targeted volume from the Indian operations is $10 million in 2010, $20million in 2011 and $40million in 2012. To ease the operations, the company has appointed 97 suppliers from whom the products –engine pistols, clutch discs and starter motors-will be exported.
As of now there is a proposal to launch 9 models- 5 to be made in India and 4 from Japan- before 2012. In May2010, a hatchback on V platform will come off from the Chennai plant, followed by a sedan in May 2011. Another car in the V platform from the Chennai plant is also on the cards. Other two cars might be petrol version with 85% localization.
The imported launches are Teana, X Train and Nissan 370Z. under an MoU with the Tamilnadu Government, the Chennai plant has got an investment of Rs4500 crore for 7 years activities. The capacity is to be increased from the current 2lakh units to 4 lakh per annum of which 1.1 lakh will be slated for export to Europe, West Asia and Africa. The mean target for the company is 5% share in the Indian market by 2012, to be made possible by way of increasing the current 24 dealers across the country.