Date:09/01/2008 URL: http://www.thehindu.com/2008/01/09/stories/2008010953241700.htm

Business - Briefly

M&M defers Chennai investment plan

MUMBAI: Mahindra & Mahindra on Tuesday said it had deferred its plan to invest, jointly with Renault and Nissan, in a manufacturing plant in Chennai. “The company has reviewed its plans, while Renault and Nissan continue to be fully committed to their industrial development plans,” M&M said in a statement.