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Indians seem to have big plans with the European automakers. After Tata showed its interest in Jaguar and Land Rover another Indian manufacturer is interested in purchasing Bertone, the famous Italian coachbuilder and design house.

Mahindra, an important Indian automaker showed its interest in buying Bertone after another design house, Giugiaro, announced that is interested about the Italian manufacturer. Although the Italian producer was not present at the Geneva Auto Show due to its financial problems, it is unlikely to see the famous design house being declared bankrupt.

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Renault feels that the low-cost car project with Indian automaker Bajaj, is very important for them.

Renault-Nissan will partner with India’s No. 2 motorcycle maker and top three-wheeler maker, Bajaj, to develop and manufacture a $3000 car following the footsteps of Tata Motors, who unveiled their Nano last month which costs a mere $2500 excluding taxes and transportation charges.

Patrick Pelata, executive vice-president of Renault, after signing the memorandum of understanding late on Friday for a $1.0b plant to make 400k vehicles and power trains in Southern India, told Reuters that it was very important to them. He also mentioned that the Nano is "a big step in the automotive industry," and would help people in developing countries traveling in motorcycles, to shift to a better and inexpensive mode of transportation.

Chief executive of Nissan and Renault, Carlos Ghosn , announced that the production is set to commence somewhere in late 2010 or early 2011. Tata Motors and Renault Renault will not the be the only ones to flock the market with their ultra-cheap products. Fiat, Hyundai Hyundai and Toyota Toyota have their plans as well and will join the race at a later stage to give the Indian middle-class people a basic car. Small cars account to approximately 67% of passenger car sales in India and the the country is steadily evolving into a hub for both manufacturing and exporting small cars.

Renault is presently sourcing parts worth about 100 million euros from India, and a dedicated logistics centre in the western India has also been set up. Renault has a tie-up with Mahindra & Mahindra for manufacturing the Logan sedan.

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Caparo, the manufacturer of the super-advanced Caparo T1 , will build body structures for the Tata Nano . Caparo has been manaufacturing similar items for other auto makers in India for the last three years. Their customer list also boasts of JCB and Ashok Leyland.

60% of the assemblies will be taken care by Caparo. The structural panels will be pressed and assembled at the factory in Sin Sin gur, West Bengal, where the car will be manufactured. To keep the costs down, Caparo has used a new semi automated production line with zero fault forward quality control systems that will ensure maximum efficiency.

"The body technology is relatively conventional, but the manufacturing technology is the result of very sophisticated analysis to ensure high-quality, low cost production," said Caparo Group CEO Angad Paul.

The reason why Tata has handed this task to Caparo is because of their good reputation for producing high quality components, and they also supply components to rival Maruti Suzuki’s 800.

Source: just-auto
Posted on by Shrawan Raja 0

Indian auto manufacturer Mahindra & Mahindra Ltd, has acquired Italian auto design and engineering firm GRD. The move indicates Mahindra’s desire to go global with their future products.

Financial details of the deal with Turin-based G.R. Grafica Ricerca Design (GRD) were not revealed.

"This acquisition will help us strengthen our existing design capabilities, help us emerge as a global auto design powerhouse [and] provide a solid European footprint," said Pawan Goenka, president of Mahindra’s automotive unit.

The company will be renamed Mahindra Graphic Research and Design after all the formalities are complete.

Mahindra manufacturs Utility vehicles and tractors. They are one of the key players in the Indian automobile industry and have partnered with Renault for manufacturing the Logan . Mahindra’s Scorpio SUV is sold in the U.S by Global Vehicles USA, and is also planning to launch the hybrid version of the SUV sometime later this year.

Source: auto news

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