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Oppo Mobile begins trial production

Yet another Chinese mobile manufacturer, Oppo, has drawn plans to start manufacturing mobile phones in the country.

As a first step, Oppo has started assembling mobile phones in Foxconn plant on a trial basis. Foxconn plant is located in Sri City Special Economic Zone, about 60 km from Chennai.

On Friday, Kai Feng, Oppo Vice General Manager rolled out Oppo’s 4G Neo7 smartphones and announced that they were putting an end to 3G handsets in India.

Talking to reporters, he said that since August 2015, they were utilising Foxconn facility to assemble some hundreds of 4G mobile phones. After ensuring that these handsets passed the stringent quality test, Oppo’s top management would think about putting up a 
manufacturing plant.

“In India, we will produce 4G models alone. We are planning to put up a manufacturing plant by the end of 2016. No land has been acquired and we have not decided about the production capacity or the location,” he said.

Mentioning that they occupied second slot in 4G handset sales in China after Apple, he said they had plans to sell 15 lakh handsets by March 2016. This year, Oppo had already sold four lakh pieces.

“In Tamil Nadu, we have sold 40,000 pieces and we are targeting to sell 1.5 lakh smartphones by March 2016.

We plan to launch new products ranging from Rs.8,000 to Rs.20,000 through multi-brand stores and exclusive showrooms. We have our showrooms in Chennai and Tiruchi. Madurai showroom will be opened soon,” he said.

source:http://udaipurkiran.com/oppo-mobile-begins-trial-production/

Maruti Baleno receives around 4,600 bookings in two days

The Country's largest car maker, Maruti Suzuki has received over 4,600 bookings of its recently launched premium hatchback Baleno, a top company official said on Wednesday. The company re-introduced Baleno two days ago in New Delhi,  aiming to garner a significant market share in the premium hatchback segment. The car would compete with Hyundai Motor India's Elite i20 and Jazz from Honda cars in India.

“We have been receiving overwhelming bookings ahead of its national launch. On the day of the launch, over 1,500 visitors visited our showrooms and 600 of them booked, while on the second day, 3,500 visited the showrooms and 1,200 booked. Total booking figures will be over 4,600," Maruti Suzuki India Executive Director (Marketing and Sales), R S Kalsi told reporters.

 Stating that Baleno would be exported to 100 countries, he said, "we hope to achieve leadership market share in the premium hatchback segment". Kalsi said that in 2014, the premium hatchback segment comprised of 5.20 lakh units and registered a 22 per cent growth.

"We have invested about Rs 1,060 crore in this project (manufacturing of Baleno). We will be making exports to 100 overseas locations including Europe, Japan, South America in 2016," he said.

Asked about the sales of S-Cross which was launched three months ago by Maruti Suzuki, he said the company has sold 12,000 units so far.

Maruti Suzuki India currently has two manufacturing facilities, with a total capacity of 15 lakh units. The third facility is coming up in Gujarat and is expected to go on stream by mid-2017, he added.

Baleno was introduced as a premium sedan few years back, but due to poor sales, its production was stopped. 

Source:http://www.business-standard.com/article/companies/baleno-receives-around-4-600-bookings-in-two-days-maruti-115102800980_1.html 

Robert Bosch to invest in Chennai

Robert Bosch, the home appliances major said that it plans to invest Rs 400 crore in its Chennai facility, which currently manufactures washing machines.

Nair said that we have an investment plan of around Rs 400 crore for our facility in Chennai. Currently, front-loading washing machines are manufactured at the facility. And it has a capacity to produce over 300,000 units a year. We now plan to utilize the entire plant to manufacture other products. The Chennai plant is spread over an area of 42 acres.

He added that based on market demand and research, once the company decides the launch of their next product, the Chennai facility will be utilized for manufacturing.

A company statement said that "The new 550 sq ft state-of-art store hosts the entire range of Bosch free-standing and built-in appliances. With this brand store, Bosch will make the leading German patent application more accessible to its customers in the Western region.

It said that At the store, the company also introduced Volt Check feature on the new range of washing machines for Gujarat and other states of West India. The volt check feature will help identify machine''s behavior based on voltage fluctuations.

Source: http://www.dnaindia.com/money/report-bosch-may-invest-rs-400-crore-in-chennai-manufacturing-unit-2106633

Ford’s new manufacturing unit in Chennai

Ford India now has two plants in India, one is in Sanand, Gujarat while the second is in Chennai, Tamil Nadu. The company will not be manufacturing the Figo and the Classic, so how will Ford utilise the capacity of the Tamil Nadu plant.

The Chennai plant will be predominantly used to manufacture SUVs, while the Gujarat plant will be for the Figo and Figo Aspire. The Ecosport and the Endeavour will be made in Chennai, while Gujarat will carry on with the compact range for the time being, stated Nigel Harris, President Ford India.

The Chennai plant of Ford makes Ecosport and it is exported to 39 countries, while Ford Figo is exported to about 50 countries already. Our exports have gone up and this where are capacities are being utilised at the moment, added Nigel.

Ford has just launched the Figo hatchback and this year the company has got in two new products, the Figo and the Figo Aspire. These have replaced the old Figo and the Figo Aspire. The next product in line is the Endeavour, which is their premium SUV against the Toyota Fortuner. This should be unveiled around the Auto Expo.

source:cartrade

Nokia Network Chennai crossed two million units

Nokia Networks' Chennai factory has manufactured two million components of telecom networks, a quarter of which have been used for fourth generation (4G) technology, a company statement said. After nearly seven years in operation, Nokia Networks' Chennai factory has reached a major milestone. The facility has manufactured over two million components for telecommunications networks, of which about a quarter have been used for 4G technology, the statement said.

With a workforce of 1,200 highly skilled employees, Nokia Networks' Chennai factory is the largest manufacturing facility in the Indian telecommunications equipment manufacturing sector, and a strategic hub for Nokia's global operations.

The company has invested around Rs.500 crore since 2008 in the 140,000 square-meter facility, which produces and distributes mobile broadband products for advanced technologies such as long term evolution (LTE) in domestic and global markets. It is a great testimony to India's potential in electronic manufacturing, and the company is a key pioneer supporting the government's 'Make in India' vision, said Sandeep Girotra, vice president and head, India Market at Nokia Networks.

Our Chennai facility is a world-class factory similar to our other global factories and makes cost-efficient deliveries possible to operators around the globe including India, the US, and Europe, said Karl Kirschenhofer, vice president, manufacturing operations at Nokia Networks.

source: post.jagran.com

Hitachi Automotive Systems in Chennai

Japanese auto parts maker Hitachi Automotive Systems Ltd will start production at its new facility in Tamil Nadu in six months. The company is investing Rs.313 crore in setting up the unit which will bring it closer to customers located in the automobile industry hub near Chennai, said Kunihiko Ohnuma, chairman and chief executive officer. The facility is coming up on 25 acres at OneHub Industrial Park.

Two products—valve timing control systems and ignition coils—that are manufactured in Japan will be built in the new Chennai unit, said Bradley J Maggart, senior vice president, sales and GM, international sales, and corporate officer, India.

The company is looking at suppliers who will manufacture these components for it in India as there is a requirement for 90 % localization of components. The new manufacturing unit will also export products to Europe, South-East Asia and Brazil.

Talking about the challenges faced by multinational companies investing in Tamil Nadu, Hitachi Ltd’s Asia-Pacific CEO Ichiro Lino said the issues were similar to those in other states—insufficient availability of power and water and logistics support. Chennai’s port is an advantage because it helps manufacturers ship their products overseas, he added.

In the last two years, Tamil Nadu’s economy has grown at the slowest rate among India’s 17 large state. The state’s growth rate fell by two-thirds to 4.14 % in 2012-13 from 13.2 % in 2010-11, according to the Central Statistical Organisation. The Tamil Nadu government is organizing a global investor meet on 23-24 May to attract investment worth Rs.1 trillion.

Source : livemint.com