India could define future strategy as Honda, Nissan explore merger deal

Japanese automakers Honda and Nissan's planned global merger raises questions about their Indian operations. Both companies face challenges, including low market shares and complex alliances. Nissan's partnership with Renault and its joint manufacturing facility in Chennai complicates potential synergies. Honda, despite strong export growth, struggles domestically. Experts believe the merger could streamline operations and counter competition from Chinese automakers. However, the road ahead involves...