Renault sees India as export hub acquires Nissan's stake in Chennai unit
- IBEF
- August 4, 2025
Renault Group has completed the acquisition of Nissan’s remaining 51% stake in their joint manufacturing venture, Renault Nissan Automotive India Pvt Ltd (RNAIPL), located in Chennai, Tamil Nadu. The move, approved by the Competition Commission of India, gives Renault full control over the facility, aligning with its broader strategy to transform India into a key global export and manufacturing hub. Since its launch in 2010, the Chennai plant has produced over 2.8 million vehicles, including 1.2 million for export to more than 100 countries, and 4.6 million engines and gearboxes. Supported by nearly 300 local suppliers, the plant has an annual production capacity exceeding 4,00,000 vehicles. Renault is also launching four new models under its “product offensive”, beginning with the New Triber, to strengthen its presence in India.
India now hosts Renault’s largest design centre outside France and a leading engineering centre co-owned with Nissan, which contributes to vehicle development for local and global markets. The company has over 350 sales outlets and 450 service points in the country. Under the International Game Plan 2027, Renault aims to expand domestic sales and exports, while continuing its collaboration with Nissan, which will maintain production of its models at the Chennai facility. Chief Executive Officer (CEO) of Renault Group, Mr. François Provost, highlighted India’s role in global research and development and reaffirmed the company’s commitment to accelerating growth in the Indian market. Mr. Stéphane Deblaise is set to assume charge as CEO of Renault India from September 1, 2025.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
Partners
