Nissan, Renault to invest $600 million to make 6 new models in India

Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a revamped alliance announced last week.

said on Monday they would invest $600 million to make six new models in India, one of three markets in which the two automakers plan to coordinate closely in a revamped alliance announced last week.

"This investment is very significant not only on products but on technologies like EVs to really capture the growing Indian market, which is the third-largest market in the world, and also to use India as a base for export," Nissan chief operating officer Ashwani Gupta told reporters.

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