MUMBAI ‚Äď Nissan Motor Co Ltd.‚Äôs India strategy now is clearly visible. The Japanese auto maker is bent on becoming both a formidable player in India and a global player in the market for low-cost cars, using local manufacturing to achieve both goals. The strategy contains four key elements. Considered a long-term objective is to have a low-cost car in production within two years at the Nissan-Renault SA-Mahindra & Mahindra Ltd. joint venture plant in Chennai. The vehicle would be ...
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