Renault-Nissan plans to add 300,000 units of capacity in India for new entry-level cars
The Renault-Nissan alliance reportedly plans to make a further investment in India of between 15 and 20 billion rupees (USD277.5–371.7 million) in the second half of this year in a bid to boost its manufacturing capacity by 300,000 units per annum.
The Renault-Nissan alliance plans to make further investments in India in a bid to boost its manufacturing capacity by 300,000 units per annum, reports the Economic Times, citing unnamed sources close to developments. The automakers reportedly plan to invest somewhere between 15 and 20 billion rupees (USD277.5–371.7 million), although an official announcement has yet to be made. A decision is likely to be made in the second half of the year.
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