India's Mahindra in likely car JV with Renault

Newswire

NEW DELHI, Nov 22 (Reuters) - India's biggest utility vehicles maker, Mahindra & Mahindra Ltd., plans to set up a joint venture company with France's Renault to make its Logan sedan in India, an industry source told Reuters on Monday. "It's (the joint venture) going to happen ... the announcement is expected in a matter of weeks," the source said, adding the Logan is expected to be introduced in India next year. A Mahindra spokesman said the company could not make any comment at this ...

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