In 2006, Mahindra entered in to a JV agreement with Renault to manufacture their World car – the Logan, in India. The JV was named as Mahindra Renault Ltd.
As per the agreement, Mahindra and Renault will import, manufacture & assemble the Logan based on kits received from Dacia, Romania. The vehicle would carry a Renault logo.
The vehicles will be assembled at M&M plant at Nashik as per contract manufacturing agreement and sold and supported by M&M dealer network.
After 3 years in operation, the JV was dissolved when M&M took over Renault’s stakes in the company. Mahindra continued to import the kits and sell car under M&M logo with a new name – Verito.
The Museum by Samuel Premkumar 
Witnessed this journey… learnings through JV yielded various New Concepts, which is Industry first in Indian Auto.
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