M5POST
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   M5POST - BMW M5 Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion

Post Reply
 
Thread Tools Search this Thread
      03-15-2011, 07:35 PM   #1
Alchem
Lieutenant
43
Rep
420
Posts

Drives: 335xi
Join Date: Mar 2007
Location: Chicago

iTrader: (0)

BMW plans to set up second plant in India

BMW plans to set up second plant in India
Siddharth Vinayak Patankar, March 15, 2011, (Munich)


German premium carmaker BMW plans to set up its second plant in India. BMW is expanding capacity at its current facility in Chennai and has now hit 10,000 units annual production capacity. The company's board says even after production at its Chennai plant is further enhanced through a second shift of operations in 2011, it will require additional capacity.

The current plant is seen as inadequate for Indian operations beyond 2015. The Chennai unit also has little unused land to build a second greenfield plant and so BMW may have to scout for a new location.

The possible introduction of BMW's Mini brand, as well as localising other BMW volumes models also requires a second plant, according to the company's board member and incharge of global production, Frank-Peter Arndt. With the second plant proposed to be set up after 2015, BMW will consider shifting from assembling cars to full-scale manufacturing, he added.

BMW India had begun scaling up its production set-up in India from September last year to double production to 10,000 units. This has been achieved as on March 1 2011. The company will add a second production shift at the Chennai plant from mid 2011 to further enhance production numbers.

BMW will begin assembling the next generation X3 in India by June 2011. It expects large volumes by following an aggresive approach like it has with the X1, launched in December 2010. BMW has a total investment of Є 30 million in India so far, which includes the Є11.6 million infused into the recent expansion.

NDTV had first reported a few months ago that BMW was seeking large volumes capacity in the region of 50,000 units, in India as a part of its roadmap for 2020.


Read more at: http://profit.ndtv.com/news/show/bmw...ndia-144804?cp
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 09:44 PM.




m5post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST