India is the next stop for the Renault-Nissan Alliance after it signed a memorandum of understanding with Bajaj Auto Ltd.
The companies will work together on an innovative four-wheel product for the Indian market and other emerging countries. They initially agreed to work together back in November last year but have been working on an agreement regarding the product, a manufacturing plan and distribution.
The design, engineering, manufacturing and supply base expertise will all come from Bajaj with the support of the Alliance who will then lead the marketing and distribution.
Further updates are expected as progress on the project is made.
