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September 06, 2007 17:38 IST
The Renault Nissan alliance announced on Thursday 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.
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