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Sunday, July 22, 2007

More LOGANS in the making!!

KOLKATA: Mahindra-Renault, a 51:49 partnership between Mahindra & Mahindra and Renault, will gradually increase the production capacity of Logan in the country, a company official said on Tuesday.
The company was manufacturing 90 units per day at the moment at its Nashik plant. The peak capacity of the plant was 50,000 units per annum, Mahindra-Renault Vice-president Nalin Mehta told reporters here.

Mehta said that more products from the Mahindra-Renault products stable would be introduced in the Indian market from the proposed greenfield plant coming up at Chennai with a production capacity of four lakh units per annum.
Production at the Chennai plant was expected to commence from 2009.

Launched in select cities in April, the company sold 2,786 units in May and 2,386 units in June.

Mehta said the company would focus on the domestic market and not on exports in the immediate future. It would also expand distribution and service network across the country, he added.

Source : The Economic Times.

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