Business Daily from THE HINDU group of publications
Sunday, Jul 12, 2009
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Business Daily from THE HINDU group of publications Sunday, Jul 12, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Logistics
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Supply Chain Management Corporate - New Business Mitsui wins bid for transporting Nissan cars T.E. Raja Simhan Chennai, July 11 Mitsui O.S.K. Lines Ltd has won the bid for transporting Nissan Motor Co Ltd’s cars produced at its Chennai plant to the port. The bid is also for handling port operations for export of the cars, such as storage and preparation for loading. Mitsui will transport the cars to the Ennore port for exports. In November 2008, the Japanese shipping company established MOL Auto Logistics (India) Pvt Ltd as a wholly- owned subsidiary based in Chennai and began inland transport of completed cars in April 2009. The new plant of Nissan will start manufacturing in early 2010 and begin exporting vehicles mainly to Europe in late 2010. It will also produce vehicles for the country’s domestic market, Mitsui said. Nissan plans to export around two lakh cars a year. On its part, the Ennore Port Ltd will invest Rs 110 crore on creating a multi-purpose berth to handle exports of the cars. More Stories on : Supply Chain Management | New Business | Shipping/Ports | Cars
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