TOKYO -- Japanese carmaker Nissan Motor and French counterpart Renault on Monday unveiled plans to invest $600 million to develop new models in India, as they push to accelerate their business in one of the world's fastest-growing auto markets.
The companies -- which last week announced a revamp of their partnership amid fierce competition in areas such as emerging markets and electric vehicles -- said they would collaborate on six new cars for customers in India as well as for export.
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