Renault to go ahead with its investment plan in India

The passenger car segment will hereinafter find the presence of Renault in India, according to its VP. The economic downfall in 2008 made the company to withdraw from the scene with little effort at the Chennai plant. Now the strategy is to make a gradual process. Thenext three years will seethe revamp of Renault by selling 50000-60000 cars per year in India alone.

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