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Nissan and Renault to invest Rs. 29 billion
India Infoline, 17 Mar '10

Nissan Motor along with its joint venture French partner Renault, has invested around Rs. 29 billion (US$ 634 million) at Oragadam, near Chennai.

According to reports, Nissan and Renault have committed to invest Rs. 45 billion in the facility, which is expected to roll out its first car in May 2010. The total investment will spread over for seven years.