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Renault and Nissan To Open Business Center in Chennai, India

CHENNAI, India (September 5, 2007) — The center, which will be a 50-50 joint venture between the two automakers, will support their global engineering, purchasing, design, cost management and information systems operations.

  [ 9/5/2007 ]  By: NEWS BRIEFS   Related Link...  Print This Article  Reprint/License This Article  

French automaker Renault and its Japan-based partner Nissan Motor recently announced plans to open a new business center in Chennai, India next year that will employ more than 1,500 workers by 2010.

The center, which will be a 50-50 joint venture between the two automakers, will support their global engineering, purchasing, design, cost management and information systems operations.

Renault, Nissan and Mahindra & Mahindra, an India-based vehicle manufacturer, are also building a $902 million (U.S.) factory together in Chennai.

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