R and D key to success for Nissan and YumYum Foods in Thailand

Image
ANI Bangkok (Thailand)
Last Updated : May 03 2016 | 12:57 PM IST

Nissan recently announced the opening of Nissan Motor Asia Pacific (NMAP) R and D Test Center in Thailand.

The new test center will be the main R and D hub for ASEAN to better address customer needs in the region and to align more quickly to market requirements.

Kazutaka Nambu, President of Nissan Motor Thailand Co Ltd., "The NMAP R&D Test Center represents an important milestone not only for Nissan's presence here in the Kingdom of Thailand but also in the overall development of Thailand's dynamic automobile industry."

Nissan Motor Asia Pacific was established in Bangkok in 2011 as a subsidiary of Nissan Motor Co., Ltd., to act as the regional headquarters for marketing, sales, R and D, Monozukuri strategies, product planning, business management and finance control.

By opening of the testing center, NMAP has made an additional investment of more than one billion Thai baht to this 6,600 square meter facility.

By the end of this fiscal year, a total of 330 staff will be employed.

Hiroshi Nagaoka, Vice President, Nissan Motor Co Ltd., said, "At the front line of the Southeast Asian region, our first mission is to perceive the requests from the market correctly. It is important to get close with the local people, and grasp Thailand's customers' needs. Also, unfortunately, if we provide cars that are not suitable to customers' needs, it means the quality needs to be improved. However, if that issue can be solved on the spot, it will give customers a big impact. Therefore, always maintaining the quality and always seeking improvements are two tasks for us. In order to do so, funds are needed. To achieve this, the cost must be lowered. One of the solutions is sourcing the parts locally. On top of it, creating new technologies can lower the production cost. By doing so, saved costs can be used in investing in new developments, improving products' efficiency, and creating new values that satisfies customers' needs."

Not only cars, research in preparing YumYum instant noodles makes it world popular.

Over the past 40 years, the Yum Yum brand produced by Wan Thai Foods Industry Co. Ltd has been the favorite instant noodle product in Thailand and overseas market.

Wan Thai Foods Industry Co, Ltd, which was established in 1971, becomes a joint venture with Ajinomoto Co. of Japan in 1972.

The YumYum production engages in continuous research and development, especially implementing using genuine ingredients such as onions, garlic, lemon grass and so on.

This makes YumYum a full-bodied taste with great qualities.

As a food manufacturer with a high level of industrial standards, the production is operated under the latest technologies and management knowhow to not only ensure the finished products' quality has great taste, but also to be suitable for the health concerns of worldwide customers.

Also, as part of its commitment to preserving the environment Wan Thai Foods Industry Co. Ltd. has been devoted to research and experiment in using recycled industrial wastewater effectively.

With great taste, healthiness and convenience delivered by YumYum products, Wan Thai Foods Industry Co. Ltd. strives to create happiness and healthy life for everyone through making food products with quality.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 03 2016 | 12:09 PM IST

Next Story