Wednesday, April 4, 2007

India Mahindra open to more tie-ups with auto firms

(Reuters) - Mahindra, which has forayed into cars with a joint venture with France's Renault , also has an alliance with Renault and Nissan Motor Co. for a greenfield project in southern India to make 400,000 vehicles in seven years.

Mahindra also holds 51 percent in a joint venture for commercial vehicles with Navistar International .


Read more at Reuters.com Mergers News

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