Nissan seeks payments from India for unmet tax-break promise

Published Sun, Dec 3, 2017 · 09:50 PM

    Mumbai

    NISSAN Motor Co is seeking compensation from India, saying the government failed to keep its end of the bargain on promised tax breaks after wooing the Japanese automaker to set up a factory in the country.

    The Yokohama-based carmaker has started international arbitration against the Indian government, a Nissan spokesman said on Friday.