Japan’s Nissan Motor Co Ltd. reportedly will set up a greenfield plant in India to build compact cars beginning in 2009. Nissan and its suppliers initially will invest $840 million in the facility, which will have annual capacity of 200,000 units. Output eventually may be increased to 400,000 units annually as additional models are added. One-third of the compact cars with 1.0L engines will be sold in India, with the rest to be exported to other markets. The auto maker is expected to ...
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