Malaysian automobile
manufacturer to initiate
an assembly plant in India
A leading automobile manufacturer
Naza Automotive Manufacturing Sdn
Bhd plans to go international by
opening up an assembly plant in
Tamil Nadu. Discussions will be held
between the Chief Minister of Tamil
Nadu,M Karunanidhi and a
delegation to be led by Works
Minister of Malaysia Datuk Seri S
Samy Vellu. The meeting would
include Naza Group of Companies
Chairman Tan Sri SM Nasimuddin SM
Amin in Chennai.
The Malaysian Works Minister
said that the discussion would swivel
on the possibility of securing a land
from the Tamil Nadu state
government for the assembly plant.
Indian market to
encompass a bike
manufacturing plant
Japanese auto major Honda
is considering establishing a
bike manufacturing plant in
the Indian market. The
company plans to
invest around US$ 417
million to build a new
motorcycle plant in India by 2010.
This would help Honda boost local
production in the country to seven
million bikes a year. This new plant is
expected to have an annual capacity
of 1.5 million motorcycles. Hero
Honda will build the factory at a site
near Haridwar in Northern India for
Honda and this new unit would focus
on manufacturing the 100cc
motorcycles, which are hugely
popular in the Indian market.
TCL India present a new
range of LCD, Plasma and
CTV
An emerging consumer
electronics firm has launched a
range of Plasma, LCD and CTV. The
company also shared itsexpansion
plans to reach out to its growing
consumer-base across India.
TCL India's Plasma TV category
starts with 42" in two models.
The LCD range starts from 15", 20",
27", 32" and 40" in five models
in different categories. The RPT
are available in two models 43"
and 52" respectively, while the
CRT range starts from 14"NF to
29"PF, all put together
aggregating to more than 25
models in this segment.
Richie Liu, MD, TCL India, said,
"Our objective is to consolidate
TCL's global leadership position,
offer a diversified high-quality
product range from basic to
high-end innovative products
and address all key markets
competitively."
CM Singh, VP - Sales and
Marketing, TCL India, says, "We
plan to focus on exclusive highend
showrooms, which will be
known as TCL Universe in major
cities across the country, as a part
of our expansion plans. TCL is
geared to meet the need gaps of
the consumers from all aspects
centered around innovation,
technology, price, style and after
sales service."
....CONTD
