Mahindra-Renault-Nissan – What next?
What’s happening to Chennai aka Madras? We had Ford first. Then Hyundai. Then Mitsubishi. Last year saw Hyundai announcing an expansion and the Ultimate Driving Machine – BMW setting up a plant here. And now the biggest of them all. Not one. Not two. The threesome thunder. Yes. Mahindra, India’s very own and very trusted Utility Vehicle Manufacturer has joined hands with the French major Renault and just to add a touch of performance and class comes in Nissan, trying to ‘Shift the Future’. All three together. A first in the world. 4 lakh cars a year. An investment of Rs. 4000 crores. Over 4000 jobs. This aint no small number. With this announcement Chennai has taken the big leap. Move over “Detroit of India”. Enter to an era where Detroit will be called “Chennai of the US of A”. This announcement is definitely a big big boost for the state and for the DMK government. It means a great value addition to the state’s GDP. It means a helluva lot for the already thriving auto component industry in the state. More than anything, it means something for a common man like me. A big smile. Everlasting happiness. And great pride. Way to go.