Expanding Renault’s reach from India
Renault Group acquires Nissan’s stake in Chennai plant as part of global expansion push
The Chennai plant in India was the first launched by the Renault-Nissan Alliance, beginning production in 2010.
Renault Group
Renault’s full acquisition of the Chennai plant reinforces the company’s international growth strategy – expanding local production, strengthening supplier ties and boosting exports from India.
Renault Group has acquired Nissan’s 51% stake in the Renault Nissan
Automotive India Private Ltd (RNAIPL) manufacturing plant in Chennai, as part
of its International Game Plan 2027 strategy.
The acquisition makes Renault the sole owner of the facility, which has
produced over 2.8 million vehicles and 4.6 million engines and gearboxes since
its launch in 2010. The Chennai plant will continue producing Nissan models and
remains a key industrial asset for the Renault Group’s international growth. The
company also highlighted the facility’s role in supporting future exports and
the development of modular, multi-energy vehicle platforms.
“India is a key market for
Renault Group,” said François Provost, the company’s CEO. “With full ownership of our plant in Chennai, we now have all the means
to accelerate in India.”
Renault said the acquisition will enable it to scale up operations in
India by leveraging an established supplier base of over 300 local partners and
a strong outbound logistics network. To date, 1.2 million vehicles from the
Chennai plant have been exported to more than 100 countries.
The French automaker also noted recent investments in the country,
including the launch of a new version of the Renault Triber and plans to
introduce four additional locally developed models. Renault opened its largest
design centre outside France in Mumbai earlier this year and continues to
operate an engineering centre in India in partnership with Nissan.
To lead the company’s expanded operations in the region, Renault has
appointed Stéphane Deblaise as CEO of Renault Group in India, effective
September 1. Deblaise previously served as CEO of Renault Korea and has held
senior roles in China and Latin America.
“Stéphane Deblaise, with his strong international experience and deep
knowledge of our entire value chain, is ideally positioned to design and
implement our strategy in the region,” Provost said.
