Renault India Private Limited


Renault India Private Limited
Type Subsidiary
Industry Automotive
Founded October 2005
Founder(s) Renault S.A.
Headquarters Mumbai, India
Key people Mr. Marc Nassif, GM & MD[1]
Products Automobiles
Parent Renault Nissan Automotive India Private Limited
Website www.renault.co.in

Renault India Private Limited is the Indian subsidiary of Renault S.A. of France, with its headquarters in Mumbai. The company has production facilities in Chennai, Tamil Nadu.

Contents

History

Renault India Private Limited was established in October 2005.[2]

In 2005, Renault established a 51:49 joint venture with Mahindra & Mahindra Limited to form Mahindra Renault Limited. In May 2007, the joint-venture launched the Renault Logan, produced at a manufacturing plant in Nashik, Maharashtra. Initially, the Logan met with considerable success but sales slipped with competition against newer models from Maruti Suzuki, Tata Motors and Toyota. The Logan was criticised for its boxy looks and awkward ergonomics. Although built as a Right Hand drive vehicle for the Indian market, the Logan's ergonomics were configured for a Left Hand drive vehicle.

In February 2010, Mahindra and Renault announced the dissolution of their joint-venture, with Mahindra buying out Renault's shares. Renault agreed to provide support to M&M through a license agreement as well as to supply key components. Following its exit from the joint-venture, Renault entered the Indian market on its own.

Operations

In September 2008, Renault India opened its 5th global vehicle design studio in Mumbai.[2]

In March 2010, Renault India and Nissan India opened a production facility in Chennai.[3] Established with an initial investment of 45 billion (US$855 million), the plant has a combined annual capactity to produce 400,000 vehicles.[2] Each partner is entitled to half the production capacity.

Models

Manufactured locally

In May 2011, Renault India launched the Fluence sedan.

In September 2011, it launched the Koleos SUV.[3]

Imported

Sales

As of May 2011, Renault India had 16 dealerships in 16 cities across 9 states and 2 Union Terriotories.[4]

References