Indian roads are set for some more of Japanese technology arrive in the form of LCVs sporting the Nissan brand name. It is expected that the car maker would introduce Light Commercial Vehicles in Indian markets in 2010.
The Ashok Leyland, Nissan light commercial vehicle (LCV) project for its new passenger vehicle plant in Chennai, India, expected to begin operations in 2010. The facility will have an annual production capacity of 400,000 and will produce vehicles for export and the local market for both Renault and Nissan. It will employ 4,500 people as direct employees, while another 13,500 indirectly.
Nissan's strategy is to push itself up the order to be the leading player in global LCV market. By year 2010, the LCVs are expected to debut in the markets around India and the United States. Nissan is also planning to start LCV sale in Russia from September 2008.
Nissan lifted the wraps off its second vehicle for India, the Nissan Teana in late April, this year. The price is tagged at around Rs 20 lakh in India.
In India, Nissan aims to sell over two lakh vehicles in the next four years for which it would take leverage from local expertise. Along with alliance partner Renault, Nissan is setting up a plant for passenger cars in Chennai with a capacity of four lakh units per annum.
LCV, I just known this term from your blog. Thanks for the information.
ReplyDeleteAbout Teana, in my opinion this car actually looks elegant and luxurious enough. I like the its design.
Wow! What a car! I bet that's expensive...I just cant afford!
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