UPDATE 1-Renault eyes India for exports of cars and parts

Newswire

(Adds detail, background) BOMBAY, Feb 23 (Reuters) - France's Renault may export cars and car parts from India once a local joint venture starts production, a senior official said on Wednesday. Renault, unveiling a joint venture with Mahindra and Mahindra Ltd. (M&M) , may also sell the Indian firm's Scorpio sports utility vehicle through its global distribution channel. "We would like to source car parts for right-hand-drive markets from India, as it may be more economical," said ...

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