Newsletter
2. Renault is expanding its base in India 🚗
Renault has launched its largest design centre outside Europe in Chennai to design five new models locally and speed up development for the fast-growing Indian market.
The deets: so far, Renault has focused on the sub-4-metre SUV space and sub-₹10 lakh price point. Now, it’s moving upmarket—targeting the ₹15–20 lakh range with larger SUVs (4.3 to 4.6 metres), aiming to compete in the premium mass segment.
A few weeks ago, Renault also announced plans to buy out Nissan’s 51% stake in their Indian JV, a move that gives Renault full control of operations. The company expects this to double production capacity and max out its Chennai plant by 2030.
Big picture: Renault is also working on an electric model for India but with a cautious approach. EVs still account for less than 2% of car sales in India, with range anxiety and charging infra posing real barriers.
