<p>France-based automobile manufacturer Renault and Japan-headquartered Nissan on Monday committed investments of $600 million (around Rs 5,300 crore) in the country 15 years after foraying into the <a href="https://www.deccanherald.com/tag/tamil-nadu" target="_blank">Tamil Nadu</a> automobile industry.</p>.<p>The fresh round of investments would witness roll out of six new models between the two companies including -- two electric vehicles -- representing the two global brands, Nissan Global chief operating officer and Member, Alliance Board Ashwani Gupta said here.</p>.<p>Currently, both the auto makers produce four models at the Chennai plant located at Oragadam about 45 kms from here.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/renault-upgrades-cars-to-bs-vi-step-2-emission-norms-1187131.html" target="_blank">Renault upgrades cars to BS VI Step 2 emission norms</a></strong></p>.<p>According to Gupta, the Renault-Nissan manufacturing facility would also become 100 per cent carbon neutral by 2025 with use of renewal energy.</p>.<p>The investments would see creation of 2,000 new jobs at the Renault Nissan Research and Development and Business Centre Centre located at Mahindra Research City in Singaperumalkoil.</p>.<p>Gupta, in the presence of Chief Minister <a href="https://www.deccanherald.com/tag/m-k-stalin" target="_blank">M K Stalin</a>, Renault India Country CEO Venkatram Mamillapallee exchanged memorandum of understanding with Tamil Nadu government promoted nodal agency Guidance Bureau MD and CEO Vishnu Venugopal at an event here.</p>
<p>France-based automobile manufacturer Renault and Japan-headquartered Nissan on Monday committed investments of $600 million (around Rs 5,300 crore) in the country 15 years after foraying into the <a href="https://www.deccanherald.com/tag/tamil-nadu" target="_blank">Tamil Nadu</a> automobile industry.</p>.<p>The fresh round of investments would witness roll out of six new models between the two companies including -- two electric vehicles -- representing the two global brands, Nissan Global chief operating officer and Member, Alliance Board Ashwani Gupta said here.</p>.<p>Currently, both the auto makers produce four models at the Chennai plant located at Oragadam about 45 kms from here.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/renault-upgrades-cars-to-bs-vi-step-2-emission-norms-1187131.html" target="_blank">Renault upgrades cars to BS VI Step 2 emission norms</a></strong></p>.<p>According to Gupta, the Renault-Nissan manufacturing facility would also become 100 per cent carbon neutral by 2025 with use of renewal energy.</p>.<p>The investments would see creation of 2,000 new jobs at the Renault Nissan Research and Development and Business Centre Centre located at Mahindra Research City in Singaperumalkoil.</p>.<p>Gupta, in the presence of Chief Minister <a href="https://www.deccanherald.com/tag/m-k-stalin" target="_blank">M K Stalin</a>, Renault India Country CEO Venkatram Mamillapallee exchanged memorandum of understanding with Tamil Nadu government promoted nodal agency Guidance Bureau MD and CEO Vishnu Venugopal at an event here.</p>