Tuesday, March 10, 2026
30.1 C
New Delhi

Renault’s new global growth strategy puts India in driver’s seat



<p>Renault Concept Bridger</p>
<p>“/><figcaption class= Renault Concept Bridger

French automaker Renault Group has placed India at the centre of its expansion strategy beyond Europe under its new medium-term vision, announced by François Provost, CEO, Renault Group on Tuesday.

As part of the plan–‘futuREady’–Renault is repositioning India from a domestic market to a global manufacturing and export hub by manufacturing a full range of Nissan models.

The move signals a renewed push of the automaker in India after witnessing several years of slack in the country. “India is the cornerstone of our plan. It is one of the fastest-growing automotive markets,” Provost added.

Globally, the carmaker plans to launch 36 new models by 2030, with 22 launches in Europe and 14 in international markets. Of this, four new models are planned from India, including EV and hybrid, that will cater to both domestic demand and international markets.

As part of the plan, it will introduce a new multi-energy B-segment global vehicle targeting high-volume markets. Its sub-compact SUV Bridger concept showcased during the announcement on Tuesday will commence production next year from India.

“Our goal is to begin production in India next year,” said Fabrice Cambolive, CEO of the Renault brand. Catering to the mass market, it will be designed to be compact, connected, safe and affordable, tailored for growing urban markets.

Earlier in 2025, the carmaker had announced its plan to introduce a C-segment SUV in India under Renault.Rethink plan for which it has earmarked ₹5,400 crore.

The company will leverage the Renault Global Modular Platform (R-GMP), heavily localised in India to cater to unique market requirements. The platform is already underpinning the upcoming second-generation Duster slated for launch in India on March 17.

Outside Europe, Renault aims to achieve 50 per cent electrified sales by 2030, largely through hybrid technology. In Europe, the company expects its portfolio to be evenly split between electric and hybrid vehicles by the end of the decade.

Chennai plant to become global hub

The legacy automaker has also decided to strengthen its weakening presence in India by converting the Chennai manufacturing facility into a global production hub. “Our new flagship in our international offensive will start with India and quickly expand to other countries,” he added. It will support local manufacturing, global exports and component sourcing for international markets, making it central to Renault’s global supply chain plan.

The plant will support local manufacturing, exports and component sourcing for international markets, making it an important part of Renault’s global supply chain strategy. The company also plans to boost the adoption of artificial intelligence across its operations and customer experience.

Renault India reported domestic sales of 3,495 units in February, up 31 per cent year-on-year. The company has also seen an improvement in performance, with a 27 per cent growth in the fourth quarter of calendar year 2025.

The Chennai-headquartered Renault arm is continuing to focus on deepening its India presence with upcoming launches and the all-new Duster.

Along with India, South America and South Korea are also expected to be key drivers for global growth, said the management. “India and South America will be our main growth engines, together contributing more than 60 per cent of the volume growth in the markets where Renault Group operates.”

  • Published On Mar 10, 2026 at 04:58 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETAuto industry right on your smartphone!

Go to Source

Hot this week

Hegseth says US will end Iran war ‘on our timeline’, warns today will be most intense day of strikes

Hegseth on Tuesday said Washington will end its war with Iran “on our timeline,” while warning that Tuesday would bring the most intense day of strikes so far as the US ramps up its military campaign against Tehran Go to Source Read More

Russia’s Lavrov Holds Call With Iran’s Araghchi As Moscow-Tehran Cooperation Draws Attention

The call comes as Western officials raised concerns about the growing strategic alignment between Russia and Iran during the conflict. Read More

Aramco Warns Of ‘Catastrophic’ Oil Market Impact As West Asian Energy Majors Raise Alarm

From Riyadh to Doha, oil bosses are sounding the alarm. With the Strait of Hormuz shut and inventories at 5-year lows, the world’s economy is on the edge. Read More

Pakistan Joins Russia, Oman In Welcoming Iran’s New Supreme Leader Mojtaba Khamenei

Shehbaz Sharif congratulated Mojtaba Khamenei, expressed condolences over the death of his father and hoped that the new Iranian leader would guide the country towards peace. Read More

Topics

Hegseth says US will end Iran war ‘on our timeline’, warns today will be most intense day of strikes

Hegseth on Tuesday said Washington will end its war with Iran “on our timeline,” while warning that Tuesday would bring the most intense day of strikes so far as the US ramps up its military campaign against Tehran Go to Source Read More

Russia’s Lavrov Holds Call With Iran’s Araghchi As Moscow-Tehran Cooperation Draws Attention

The call comes as Western officials raised concerns about the growing strategic alignment between Russia and Iran during the conflict. Read More

Aramco Warns Of ‘Catastrophic’ Oil Market Impact As West Asian Energy Majors Raise Alarm

From Riyadh to Doha, oil bosses are sounding the alarm. With the Strait of Hormuz shut and inventories at 5-year lows, the world’s economy is on the edge. Read More

Pakistan Joins Russia, Oman In Welcoming Iran’s New Supreme Leader Mojtaba Khamenei

Shehbaz Sharif congratulated Mojtaba Khamenei, expressed condolences over the death of his father and hoped that the new Iranian leader would guide the country towards peace. Read More

As Iran chokes Strait of Hormuz, Macron to send French warships to escort oil tankers

With anxiety around oil and gas shortages rising, French President Emmanuel Macron has announced a naval mission to break the Iranian chokehold of the Strait of Hormuz. Read More

Rashmika Mandanna And Vijay Deverakonda Twin In Torani, Bring Heritage Glamour To Their Pradhanam and Mehendi Ceremony

Rashmika Mandanna and Vijay Deverakonda celebrated their Pradhanam and Mehendi ceremony in a kaleidoscopic burst of tradition, couture, and unbridled joy. Read More

Maharashtra government and MSLTA announce 20 international ITF tournaments across the state

A total of 20 international tournaments sanctioned by the International Tennis Federation (ITF) will be organised across various districts in Maharashtra. The first tournament is scheduled to be held in Mumbai followed by Nagpur and Sambhahjinagar. Read More

Related Articles