India may approve $370 million Chinese-linked auto investment, first in nearly a decade

India is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geely and France's Renault. This move, one of the largest Chinese-linked manufacturing investments in years, will see advanced hybrid powertrains built in India, potentially at Renault's Chennai plant. The investment aligns with India's recent policy shifts to boost local manufacturing and highlights the growing demand for hybrid vehicles.

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com