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Renault Nissan alliance to set up new centre

Renault Nissan alliance to set up new centre
PTI
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First Published: Thu, Sep 06 2007. 07 17 PM IST
Updated: Thu, Sep 06 2007. 07 17 PM IST
New Delhi, 6 September The Renault Nissan alliance today announced the creation of new business centre by the name of ‘The Renault Nissan Technology and Business Centre India Private Ltd´ in Chennai.
Both partners would have equal 50-50 share in the joint venture and the centre is designed to support a wide range of engineering and business services for Renault and Nissan facilities around the world, a joint statement of the both companies said.
After the completion, the new business centre would provide services including product and manufacturing engineering, purchasing,design,cost management and information systems development. By 2010, the centre would have a workforce of more than 15,00 employees, it added.
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First Published: Thu, Sep 06 2007. 07 17 PM IST