September 21, 2017 6:34 AM ET

Automobiles

Company Overview of Renault Nissan Automotive India Private Limited

Company Overview

Renault Nissan Automotive India Private Limited manufactures cars such as Micra, Micra Active, Sunny, Evalia, Teana, Terrano, and Datsun GO. The company was incorporated in 2007 and is based in Kancheepuram, India. Renault Nissan Automotive India Private Limited operates as a subsidiary of Nissan Motor Co. Ltd.

Plot No 1

SIPCOT Industrial Estate

Oragadam Expansion Scheme

Mattur Post (P.O.) Oragadam Village

Kancheepuram,  602 105

India

Founded in 2007

Phone:

91 44 3719 9999

Fax:

91 44 3719 6810

Key Executives for Renault Nissan Automotive India Private Limited

Managing Director
Deputy Chief Executive Officer
Corporate Vice President of Africa, Middle East & India (Ami) for Nissan Motor India Pvt Ltd
Compensation as of Fiscal Year 2017.

Renault Nissan Automotive India Private Limited Key Developments

Renault Nissan Automotive India Private Ltd Announces 3 Year Wage Contract

Renault Nissan Automotive India Private Ltd. has announced it has finalized three year wage contracts with its employees. The company announced that it has officially inked a 3 year Long Term of Settlement contract with its employee representative union. The deal will be effective between April 1, 2016 and March 31, 2019. The deal will provide the plant technicians with a salary raise of INR 18,000 progressively over the next three years. The Indian production plant is among the largest plants in the Renault and Nissan Alliance and started operation in March 2010.

Renault Nissan Automotive India Plans to Build New Manufacturing Plant in Chennai, India

Renault Nissan Automotive India planned to build a new manufacturing plant in Chennai, India, as per an 2008 agreement with the state government.

Ashok Leyland Takes Renault-Nissan and Nissan to Court

Ashok Leyland has taken Renault-Nissan Automotive India and Nissan to court, accusing the companies of "arm-twisting" and "criminal breach of trust", while illegally diverting and using plant machinery in violation of government commitments and regulations. In a suit filed before a district court in Kancheepuram, the Hinduja group company has accused its joint venture partner Nissan Motor of taking actions and steps that go against the terms and conditions of their partnership and also in violation of obligations made for import of machinery under the Export Promotion Capital Goods (EPCG) scheme. The two companies had entered into three joint venture agreements in 2008, which included the contentious Ashok Leyland Nissan Vehicles (ALNVL) for manufacture of two utility vehicles -'Evalia' (under Nissan badge) and 'Stile' (under Ashok Leyland). Ashok Leyland held 51% stake in the JV, which imported machinery worth INR 3,340 million under the EPCG scheme. Of this, items worth INR 1,170 million were installed at RNAIPL facility for manufacturing of these vehicles. However, due to a possible unsatisfactory response to the products, a decision was taken in May last year to stop the production of Evalia and Stile, following which the Directorate General of Central Excise Intelligence (DGCEI) raised a due on the JV for payment of duties that were waived off in lieu of the EPCG scheme, Ashok Leyland claimed.

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Recent Private Companies Transactions

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