Aston Martin Debuted Into Indian Auto Market
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Nisan Motors Limited Japan made its foray in India on 2005, with a bit of a 100% Indian subsidiary, Nissan Motor India setting up a private limited company in Singapore (NMIPL). On February, 2008, the automobile manufacturing company with its global alliance partner Renault signed a MOU with Tamil Nadu government to develop a manufacturing facility in Oragadam, outskirts of Chennai. The combined capacity of the guarana plant is 4, 00, 00 units every year including 20,000 units for Nissan built cars and 20,000 units reserved because of the global alliance partner, Renault India setting up a private limited company in Singapore, an Indian arm of french car maker Renault. The Indian production facility was inaugurated on March 17, 2010 and sales started on July, the future.
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