labels: renault india, automotive, bajaj auto
Renault and Bajaj confirm preliminary deliberations news
28 July 2007

Bajaj Auto (Bajaj) and Renault (Renault) have confirmed that they are in preliminary deliberations to jointly understand customer requirements and business potential for "very competitive vehicles" in India.

If an agreement between the two materializes, the talks could lead to a long-term partnership between Renault and Bajaj for the development of a small car project.

Two-wheeler and three-wheel commercial vehicles maker Bajaj Auto sold 2.7 million units and had revenues of Rs.10,070 crore in FY07.

The €41.5 billion Renault group has an alliance with Japan's Nissan and in India with Mahindra & Mahindra.


 search domain-b
  go
 
Renault and Bajaj confirm preliminary deliberations