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Renault India to restructure Mahindra JV
Logan cars get ready to roll out from Mahindra & Mahindra's plant in Nashik, in this April 4, 2007 file photo.
Credit: Reuters/Punit Paranjpe/Files
MUMBAI |
MUMBAI (Reuters) - The Indian unit of French carmaker Renault said on Tuesday its four-year-old joint venture with Indian utility vehicle maker Mahindra & Mahindra to make the no-frills Logan sedan would be restructured.
"We are exploring all options. A final decision on this will be taken in 30 to 45 days," Chief Operating Office Sudhir Rao, Renault India, told reporters.
(Reporting by Janaki Krishnan)
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