MUMBAI – India’s auto industry reaches a new milestone as domestic auto maker Mahindra & Mahindra Ltd. joins with Renault SA of France to combine their strengths. The two recently signed a memorandum of understanding to invest an estimated Rs25 billion-Rs30 billion ($560 million-$660 million) in a greenfield plant that eventually will be capable of producing 700,000 vehicles annually. Mahindra has global aspirations and a presence in five continents, where it has made strategic ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.