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4w ago

Renault Gains Full Control of India Operations, Commits €600 Million to New Models

Renault will consolidate its India operations under Renault Group India; roll out a facelifted Triber; prepare four new models with a €600 million Nissan-backed investment; end its search for joint-venture partners

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Overview

  • Renault completed acquisition of Nissan’s 51% stake in the Chennai plant, trimming cross-shareholding to 10% under their alliance agreement.
  • By September 2025, manufacturing, design and R&D in India will be unified under the new Renault Group India entity.
  • The company has officially ruled out seeking any new joint-venture partners for its India business, citing existing local capabilities.
  • The facelifted Triber seven-seater has launched as the first of four models to be developed through a €600 million Renault-Nissan investment.
  • Stephane Deblaise, former head of Renault Korea, will assume the role of CEO of Renault Group India on Sept. 1, 2025, to drive the market turnaround.