Chennai: The French automaker Renault and the Japanese automaker Nissan, which entered the Tamil Nadu market 15 years ago, both pledged Monday to invest $600 million (about Rs 5,300 crore) in the region.
Six new models, including two electric vehicles, representing the two global brands, are planned to be released as a result of the new funding round. Ashwani Gupta, Nissan's global COO and a member of the Alliance Board, made these comments.
Approximately 45 kilometres from here is the Chennai plant where both automakers construct four models.—Inputs from Agencies

The French automaker Renault and the Japanese automaker Nissan, which entered the Tamil Nadu market 15 years ago, both pledged Monday to invest $600 million (about Rs 5,300 crore) in the region.

Renault-Nissan invest Rs 5,300 crore in TN, introducing 6 new vehicles, including EVs

New Delhi: On Tuesday, the automotive industry praised India's first crash testing programme, Bharat NCAP, saying that the initiative will raise safety standards for vehicles in the country and that consumers would benefit from the program's objective ratings.
In addition to Hyundai Motor India, Mahindra &amp; Mahindra, and Renault, the plan has the full support of the market leader in India's automobile industry, Maruti Suzuki India, which has pledged to provide at least three vehicles for testing under the programme in the first batch alone.
Bharat NCAP (New Car Assessment Programme) was unveiled on Tuesday by Union minister Nitin Gadkari with the goal of enhancing the safety of automobiles weighing up to 3.5 tonnes on public roads.—Inputs from Agencies

On Tuesday, the automotive industry praised India's first crash testing programme, Bharat NCAP, saying that the initiative will raise safety standards for vehicles in the country and that consumers would benefit from the program's objective ratings.

The Hawk

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Renault-Nissan invest Rs 5,300 crore in TN, introducing 6 new vehicles, including EVs

Nidhi Khurana

The Hawk

Tag : Renault

Renault-Nissan invest Rs 5,300 crore in TN, introducing 6 new vehicles, including EVs

Nidhi Khurana

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Bharat NCAP to help elevate vehicle safety standards ...