Francois Provost, CEO, Renault Group and Stephane Deblaise, CEO Renault Group in India, at the unveil of futuREady India strategyRenault Group on Thursday announced its ambitious target of generating €2 billion in annual exports revenue from India by 2030, as it positions the country as a cornerstone of its global value chain under its newly unveiled futuREady India strategic plan.
Following the global rollout of its futuREady strategy on March 10, 2026, the company unveiled the futuREady India plan in Chennai on Thursday in the presence of Renualt Group CEO, François Provost.
Through the initiative, the French automaker aims to transform India into a technology centre of excellence for both the domestic market and global operations, while strengthening its engineering and manufacturing footprint in the country.
“Through its new strategic plan, Renault Group is positioning India as a cornerstone of its global value chain, transforming the country into a technology centre of excellence for local market and worldwide. The Group’s ambition is to generate €2 billion in annual exports by 2030 in vehicles, R&D, and components,” Renault said in a statement.
“With futuREady, our new vision, Renault Group is accelerating its international growth by building on high-potential, fast-growing markets where the Group already has a strong presence in India… represents more than one-third of the growth potential across the markets where the Renault brand already operates,” Provost said.
He added that India is expected to become not only a growth market but also an export hub supporting Renault’s global competitiveness.
“Thirty years ago, Renault Group began its first wave of international expansion. With futuREady, we are opening a new era in our global growth story – and India will be at the heart of it,” Provost said.
Renault said it is entering its largest product renewal cycle in India, with plans to expand its portfolio to seven multi-energy models by 2030, tailored specifically to Indian customer requirements. The line-up will span segments from compact cars to larger SUVs and include a full range of electrified powertrains, from strong hybrids to fully electric vehicles.
“By 2030, we will offer a seven-model portfolio in India… featuring a full spectrum of electrified powertrains—from strong hybrids to fully electric vehicles,” said Stéphane Deblaise, CEO, Renault Group in India.
Upcoming launches
The company said four additional vehicles will be added to its India portfolio, taking the total to seven by the end of the decade. Renault also highlighted the Duster, unveiled in January 2026, which it said has generated strong enthusiasm in the market.
As part of the futuREady announcements, Renault presented the Bridger Concept, previewing a new B-segment compact SUV designed as a multi-energy vehicle, including an electric version.
The upcoming portfolio will be built on two platforms — RGEP and RGMP — which Renault said will be deployed first in India and developed with a multi-energy approach to support internal combustion, hybrid and electric powertrains.
Renault Forever initiative
Alongside product expansion, Renault is also looking to strengthen customer engagement through its Renault Forever initiative, aimed at simplifying ownership experience and enhancing service quality. The company said Indian customers will benefit from a seven-year warranty under the programme.
Renault also reiterated its intention to strengthen India’s role in its global engineering and manufacturing ecosystem. The company said its Chennai operations, employing around 15,000 people, will be developed as a full-fledged hub serving both domestic and international markets.
The group’s engineering centre in Chennai currently houses around 6,000 engineers and IT specialists, working across vehicle architecture, software development, simulation and lifecycle upgrades. Renault said the centre will take on a larger global role by developing platforms and technologies for India as well as overseas projects.
On the manufacturing side, Renault said it now has full ownership of its Chennai plant, enabling greater localisation, deeper supplier integration and more efficient supply chain management.
The company said India’s sourcing competitiveness will also help position the Chennai facility as an export base for vehicles, components and services, particularly for markets such as South America.
With futuREady India, Renault Group said it is reaffirming its long-term commitment to the country, stating that India will play a decisive role in its growth and competitiveness over the next decade.
