Renault in Chennai?
Well, we all know know that Renault is coming into India. The company is going to be a joint venture with Mahindra & Mahindra and the car they will come out with is the Logan. While the Logan is being manufactured at Nashik and is slated for a June 2007 launch, just last week Renault and Mahindra’s have announced a greenfield project in India with a capacity of up to 5 lac cars. And this is likely to go up to 7 lacs. While Renault officials have said that the new plant will essentially work on the Logan platform and extend it, it is rumoured that Nissan could well use this facility too. After all, Carlos Ghosn, heads both Renault and Nissan. And if all goes well, it could be right here in Madras. Talks are already on with the Government of Tamil Nadu and it looks like they are scouting for land between Ford & BMW on the Chengelpet highway. Hyundai, Ford, Mitubishi, BMW, Caterpillar, Ashok Leyland, MRF, Delphi, Visteon, Valeo, Clayton, TRW…. the list goes on and on and on. The automotive sector has clearly put Madras on the world map.