I wonder why players like Nissan and Renault are getting into India through a JV instead of doing it on their own. I mean we have a JV with Nissan, Renault and Mahindra for the Logan. Then there is the Nissan, Renault JV to partner 3 cars and then finally Nissan itself would launch 8 cars on it own.
I am not able to figure out this strategy. Any thoughts on that. |