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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.
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economictimes.indiatimes.com
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…
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thehindubusinessline.com
India set to approve $370-million Geely-backed investment as China ties thaw
India is poised to approve a $370 million investment from Geely-backed Horse Powertrain for advanced hybrid powertrains.