REFILE-UPDATE 2-Renault, Nissan roar ahead with $1bn India plant

Newswire

(Fixes typographical error in 'southern' in first paragraph) (Adds background, quotes) By Marcel Michelson and Rina Chandran PARIS/CHENNAI, India - Feb 22 (Reuters) - France's Renault and Japan's Nissan on Friday signed an agreement for a $1.0 billion car plant in southern India, forging ahead in the growing economy despite a local partner dropping out. Renault has a 44 percent stake in Nissan and their alliance is the number three car grouping in the world after General Motors and ...

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