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To be sure, the cooperative spirit has gone missing since about 2018, reflecting the heavy-handedness of the Centre, not just on the GST but across a range of issues

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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;"><a class="storyTags" href="https://www.business-standard.com/topic/renault" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">Renault</a>&nbsp;SA and Nissan Motor Co. unveiled their first joint project since announcing a revamp of their carmaking alliance last week.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">The pair will invest $600 million in&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/india" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">India</a>&nbsp;to expand their car lineup, add jobs and decarbonize a manufacturing plant in Chennai, the&nbsp;<a class="storyTags" href="https://www.business-standard.com/companies" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">companies</a>&nbsp;said in a joint statement on Monday.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">The initiative is a key element of the operational projects unveiled by the auto manufacturers last week in London. As part of the agreement,&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/renault" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">Renault</a>&nbsp;will reduce its stake in Nissan over time to 15% from 43%, to equalize their cross-ownership, and Nissan plans to invest in Renault&rsquo;s electric-vehicle unit that is being carved out of the French&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/carmaker" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">carmaker</a>.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">The two will produce six new vehicles in the South Asian nations&mdash; including two electric cars &mdash; for domestic and international customers.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">The investment will add as many as 2,000 jobs at the&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/renault" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">Renault</a>&nbsp;Nissan Technology & Business Center in Chennai, the&nbsp;<a class="storyTags" href="https://www.business-standard.com/companies" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">companies</a>&nbsp;said, and make the factory there carbon neutral by 2045.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">&ldquo;To capture the growth potential, we want to utilize the alliance assets, especially in India,&rdquo; Nissan Chief Operating Officer Ashwani Gupta said in a Bloomberg Television interview ahead of a ceremony to announce Renault and Nissan&rsquo;s future operations in&nbsp;<a class="storyTags" href="https://www.business-standard.com/topic/india" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">India</a>&nbsp;on Monday.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">The six new models include three from each company, all engineered and built on common platforms in Chennai. They include four SUVs and two EVs.</span></p>
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				<span class="p-content" style="margin: 0px; padding: 0px; box-sizing: border-box;">&ldquo;The new models will not only be aimed at Indian customers but will also signal a significant increase in exports from India,&rdquo; the&nbsp;<a class="storyTags" href="https://www.business-standard.com/companies" rel="noopener" style="margin: 0px; padding: 0px; box-sizing: border-box; cursor: pointer; background-color: transparent; color: rgb(37, 145, 220); text-decoration-line: none; outline: 0px !important;" target="_blank">companies</a>&nbsp;said in a release</span></p>
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GST: Cooler heads for constructive ends

To be sure, the cooperative spirit has gone missing since about 2018, reflecting the heavy-handedness of the Centre, not just on the GST but across a range of issues

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