Renault Group's Strategic Acquisition in India

In a significant move to bolster its international business, Renault Group has announced the acquisition of Nissan's 51% stake in Renault Nissan Automotive India Pvt Ltd (RNAIPL), thereby taking full ownership of the Indian arm. This strategic decision underscores Renault's commitment to expanding its footprint in one of the world's most dynamic automotive markets.

Future Plans and Commitments

Despite the ownership change, Nissan reaffirms its dedication to the Indian market, focusing on enhancing market coverage and continuing the production of models like the New Nissan Magnite at RNAIPL. The collaboration between Renault Group and Nissan in India is set to evolve, with both companies entering into a new framework agreement to define their future relationship.

Investment and Growth Prospects

The RNAIPL plant in Chennai, with its robust production capacity and advanced platforms, is poised for significant growth. The launch of the CMF-B platform and four new models in the coming year highlights Renault Group's ambitious plans for India, aligning with its '2027 International Game Plan'.