Nissan India says warehouse fire will not affect supply
Nissan India has said that the fire that broke at one of the logistics companies that stores its supplies will not affect production.
India, long known as a software haven, is now making a new pitch: to become a manufacturing hub.
Japanese two-wheeler major Yamaha has set a target to sell 500,000 units this year as against 350,000 units in 2012.
The company currently imports the recently launched Galaxy S4 from South Korea.
Nissan India has said that the fire that broke at one of the logistics companies that stores its supplies will not affect production.
Nissan India has said that the fire that broke at one of the logistics companies that stores its supplies will not affect production.
The company currently imports the recently launched Galaxy S4 from South Korea.
Japanese two-wheeler major Yamaha has set a target to sell 500,000 units this year as against 350,000 units in 2012.
Located in Chakan, the new plant will employ approximately 100 people.
India, long known as a software haven, is now making a new pitch: to become a manufacturing hub.
Mitsubishi Electric is exploring options to set up a production base in India through its joint venture Mitsubishi Elevator ETA India Pvt. Ltd.
Volvo is said to be scouting for a partner whose facility it could use for assembling its cars in the country.
Automotive has emerged as a significant sector in this growth and India is now ranked as the sixth largest producer of motor vehicles in the world.
Earlier this year JLR started the assembly of the 2.2-litre diesel version of the Jaguar XF saloon at a plant in Pune, west India.
Cadbury Plc used a nonexistent factory in India to avoid about $46 million in taxes, the Wall Street Journal reported on Tuesday.