Naza Automotive Manufacturing Sdn Bhd has plans to set up an assembly plant in southern India, possibly in Chennai. Chennei is home to a number of automotive plants like Hyundai, Ford, Mitsubishi, BMW, Mahindra and Apollo Tyres, and is base for 30% of India’s auto components industry and 20% of the Indian vehicle industry.
Naza plans to go international with it’s Naza Sutera and Naza 206 Bestari models, and India is one of it’s target markets. The Indian passanger car market is big – 1.3 million new car registrations in 2005 alone, and the middle class group of Indians who can afford to buy cars is growing. As import duties for cars in India is high, CKD assembly in India itself would be Naza’s best option to be competitive.
Peugeot 206 India Advertisement