DaimlerChrysler’s first step of expansion in the Indian market
DaimlerChrysler is associated with the production of the very popular luxury car – the Mercedes-Benz. With its growing business and popularity, DaimlerChrysler is prepared to open a new plant in Pune. The money invested is 50 million euros. The company has acquired 100 acres of land in Pune that will resume the work by 2009.
This new plant, which is built to manufacture 5,000 cars annually, will manufacture 1,000 units more compared to the leased plant in Pune. According to company sources, the process from the rented plant will be shifted to the new plant. The new plant is constructed keeping in mind the demand for the cars manufactured by DaimlerChrysler in the Indian market.
The new plant is deemed to take-up multiple roles as a manufacturing plant and an assembling plant. Assembling of heavy trucks will start by the end of the year and manufacturing of luxury buses will start from next year at the same plant.
This new plant, which is built to manufacture 5,000 cars annually, will manufacture 1,000 units more compared to the leased plant in Pune. According to company sources, the process from the rented plant will be shifted to the new plant. The new plant is constructed keeping in mind the demand for the cars manufactured by DaimlerChrysler in the Indian market.
The new plant is deemed to take-up multiple roles as a manufacturing plant and an assembling plant. Assembling of heavy trucks will start by the end of the year and manufacturing of luxury buses will start from next year at the same plant.
Labels: car manufacturers, cars, India, Indian car market, Mercedes-Benz
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