Nissan- Renault finding new partner for Indian venture

Nissan-Renault finding a new partner for Indian venture. According to reports the Nissan-Renault group has invited Hinduja Group for a joint venture in Chennai. Earlier the Renault group was in joint venture with Mahindra group which is leading car manufacturer in India. But Mahindra group singled out form this joint venture last year.

Nissan Renault is an alliance between Japanese company Nissan and French company Renault and this alliance formed in 1999. This alliance launched ?Logan? in Indian market in partnership with Mahindra group. Nissan group is also launching forth generation Nissan X-Trail in India very soon.

Nissan Renault is also planning to manufacture a mega cheap car in India. Earlier there were talks between Bajaj auto and Nissan Renault for mega cheap car project in India.