Renault Group has acquired Nissan’s 51% stake in Renault Nissan Automotive India, making it the sole owner. This will not affect Nissan’s operations in India or lead to any workforce restructuring. The deal, expected to be completed by the end of the first half of this year, aims to make Nissan “leaner and more agile”. The decision to exit RNAIPL is part of Nissan’s global turnaround actions.
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