Engine maker Horse plans India move to supply growing small car market, CEO says
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Engine maker Horse Powertrain plans to establish a manufacturing presence in India, driven by increased demand for compact vehicles following a reduction in federal sales tax on small cars. CEO Matias Giannini stated that the company has filed to set up a legal entity in India and aims to combine partnerships with local manufacturing. Horse, formed from Renault and Geely's combustion engine operations, supplies engines to various carmakers and is in discussions for potential contracts with top-tier manufacturers.
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