Nissan is planning to export automotive production parts from India worth $40m by 2012, with half of that figure met next year.
The company will export production parts including engine pistons, clutch disks and starter motors from its Chennai facility via the port of Ennore to Japan, Thailand and China.
Confirming comments made by Kiminobu Tokuyama, managing director and CEO of Nissan Motor India this week, a company spokesperson told Automotive Logistics that an estimated $20m value of parts will be exported via the port in 2010, rising to $30m in 2011 and $40m in 2012.
She said that, while Nissan was not in a position to disclose full information about the logistics involved, it has already signed a deal with MOL Auto Logistics (India), for inland logistics and yard operation at Ennore port.
The Mitsui OSK Lines subsidiary signed a deal with Chennai-based Sical Logistics to operate a vehicle management facility at the Port of Ennore in August (read more here).
In terms of finished vehicles, Nissan Motor India will launch the Micra from Chennai in May 2010, with further plans for production of nine models destined for the Indian market by 2012 starting with the C702 sports car in January.
Exports of its global compact car are targeted to reach around 110,000 units by 2011. From there exports are aimed to rise 180,000 units for markets in Europe, Africa and West Asia among others.
Logistics companies in India are increasing their fleet sizes to meet the growing demand for vehicle movements, with domestic sales increasing on the back of government’s stimulus packages.
“There is shortage in the heavy-duty truck space with car sales revving up. We plan to add car carriers worth about Rs 16 crore to our fleet size in the next few months,” Transport Corporation of India (TCI) executive director Vineet Agarwal told the Economic Times last week.
