Read More>> The Renault-Nissan-Mitsubishi alliance has initiated a study to re-enter India’s fastgrowing light commercial vehicles (LCVs) market, two years after it ended the joint venture it had formed with Ashok Leyland.
The study is being conducted under the Renault brand and is expected to be completed in the next 12-18 months, Ashwani Gupta, commercial vehicles chief for the alliance, told ET.
He said the alliance covers over 90 per cent of the global LCV market and India is a missing piece in its global presence.