While Bajaj will be responsible for developing and manufacturing the car, Renault-Nissan will brand, market and sell it for both the Indian and overseas markets.
Nissan and Renault say they will compete with new models, especially small cars, and by growing their dealer network.
The automaker said that production at the Renault Nissan Alliance Plant, where Nissan, Renault and Datsun brands are manufactured, had gone up by 15 per cent and was expected to increase further on the back of increasing export orders.
New partnerships, exchange of technology, mergers and acquisitions are paving way for new launches in the world car market.
As the production of Micra, the first car from Nissan-Renault, starts at the plant by the end of May, Kiminobu Tokuyama, managing director and chief executive of Nissan Motor India Pvt Ltd, talks to rediff.com about the company's strategy for India, the recession and the auto sector in general.
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