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Naza Wants Additional Land For Its Plant In India

September 13, 2006 in Berita NAZA | Tags: , , , , , , , , | Leave a comment

KUALA LUMPUR, Sept 13 (Bernama) — Naza Automative Manufacturing Sdn Bhd which plans to construct a RM950 million assembly plant in South India has now requested additional land for its expansion exercise.

Works Minister Datuk Seri S. Samy Vellu said Naza had requested for more land and the state government is likely to approve it.

“First they asked for 150 acres of land, the state government was prepared to give the 150 acres.

“Now they have asked for 200 acres and I don’t think there is going to be any objection in giving that land,” he told reporters after launching the International Construction Week 2006, held at the Kuala Lumpur Convention Centre (KLCC), here Wednesday.

Naza, a leading automotive company, is planning to expand its operations and views India as a potential market — with its affluent 300 million strong middle class.

The company plans to set up the assembly plant in Sriperumbudur, in Tamil Nadu to produce Naza and Kia vehicles.

Samy Vellu said the state government has also requested for more information from the auto company and once they are furnished, Tamil Nadu Chief Minister M. Karunanidhi would decide on a new date to sign a memorandum of understanding (MOU).

Initially, Naza and the state government agreed to sign a MoU on Sept 11 but this was postponed.

Samy Vellu said he also met Karunanidhi last week during his visit to India and discussed the matter.

– BERNAMA

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Defination of Automotive from Wikipedia

An automobile or motor car is a wheeled motor vehicle for transporting passengers; which also carries its own engine or motor. Most definitions of the term specify that automobiles are designed to run primarily on roads, to have seating for one to eight people, to typically have four wheels, and to be constructed principally for the transport of people rather than goods.[1] However, the term is far from precise because there are many types of vehicles that do similar tasks. Automobile comes via the French language, from the Greek language by combining auto [self] with mobilis [moving]; meaning a vehicle that moves itself, rather than being pulled or pushed by a separate animal or another vehicle. The alternative name car is believed to originate from the Latin word carrus or carrum [wheeled vehicle], or the Middle English word carre [cart] (from Old North French), and karros; a Gallic wagon. http://en.wikipedia.org/wiki/Automobile

NAZA Group of Companies

Naza Group of Companies is a Malaysian business conglomerate associated with motor trading, automotive franchises and property development, which began operations in 1974. The group has 14 business divisions including vehicle and bike manufacturing (Kia & Peugeot), transport services, limousine services, machine tools/parts, engineering, plantation, cigarette distribution, credit & leasing, water crafts, properties, hotel operations and insurance. The group was founded and continues to be led by Malaysian business tycoon Nasimuddin Amin. Naza Group is the franchise holder for Ferrari, South Korea's Kia, Peugeot, Brabus, Hamann and Ducati bikes in Malaysia. Naza have rebadged Kia's Carnival, Carens, Picanto vehicles as Naza Ria, Citra and Suria respectively for Malaysian market. In April 2006, Naza developed the Naza Sutera based on Hafei Lobo. It was joined by a Naza-badged version of the Peugeot 206 called the Naza 206 Bestari in May 2006, and a Naza-badged version of the Kia Picanto in November 2006.