The document summarizes the formation of an alliance between Mahindra & Mahindra, Renault, and Nissan to set up an automobile manufacturing facility in India. The three companies will invest $4 billion to build a plant with an annual production capacity of 400,000 vehicles. The alliance leverages the strengths of each company, including Mahindra's experience in India, Renault's engineering expertise, and the global reach of Renault-Nissan. The new venture is expected to benefit customers in India's growing automobile market by providing affordable vehicles suited to local needs.

1. The Beginning Of A New Chapter In India’s Automotive Saga Karan Arora

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