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Car Investment Projects

Car Projects Completed During 2009-10

Three projects worth Rs.4,416 crore were completed in the March 2010 quarter.

  • Fiat India expanded the annual capacity of its Ranjangaon plant by 70,000 cars to 2 lakh cars. The plant that manufactures its Palio, Linea and the Grande Punto models is intended to be used for producing the company’s compact car within two years.
  • Ford India doubled the annual production capacity of its plant at Kancheepuram to 2 lakh cars. The company will produce its small car Figo from the plant.
  • Hindustan Motors successfully renovated and modernised its Uttarpara plant in West Bengal.

Scheduled completion by March 2011:

  • Tata Motors is likely to start production of the Nano from its Sanand plant by April 2010. It is estimated to have an installed capacity to produce 2.5 lakh cars per annum. This will propel sales of the mini car segment in 2010-11.
  • Nissan is expected to begin production of its small car from its first Indian plant at Chennai from May 2010. With this, the company intends to turn India into an export base to supply cars globally.
  • Toyota Kirloskar Motor’s Bidadi Compact Car Project (Bangalore) is scheduled to be commissioned by December 2010. It will launch its small car ‘Etios’ in the Indian market by January 2011 from this manufacturing unit.
  • Maruti Suzuki presently has an annual capacity of 10 lakh cars and it is estimated to have crossed the sales mark of 10 lakh cars in 2009-10. In anticipation of the tough competition from foreign car makers and its capacity constraints, the company announced its plan to expand the capacity of its Manesar plant by 2.5 lakh cars to 5.5 lakh cars per annum by April 2012. It will invest Rs.1,700 crore for the said expansion. As Maruti’s new capacity is expected to come onstream only in 2012, it faces the challenge of maintaining its market share in 2010-11.
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