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The capacity is divided equally between Renault India Private Limited and Nissan Motor India. [3] Renault is constructing a small car powered by an 800cc engine, to compete with Maruti Suzuki's Alto, Hyundai India's Eon and Chevrolet's Spark, in the segment, that makes up for about 40–45% of India's car market.
Nissan in India has a portfolio of two brands, Nissan and Datsun. In February 2008, Nissan, together with its global alliance partner Renault signed a MoU with Government of Tamil Nadu to set up a manufacturing plant at Oragadam, near Chennai with an investment of INR 45 billion over a period of 7 years. On 17 March 2010, the Renault-Nissan ...
In September 2008, Renault India opened its fifth global vehicle design studio in Mumbai. [5] In March 2010, Renault India and Nissan India opened a production facility in Chennai, [6] which was established with an initial investment of Rs 45 billion (US$990 million). The plant has a combined annual capacity to produce 480,000 vehicles.
Renault has various joint ventures, including Horse Powertrain (engine development), Oyak-Renault (Turkish manufacturing), Renault Nissan Automotive India (Indian manufacturing), and Renault Korea (previously Renault Samsung Motors, South Korean manufacturing).
Mahindra Renault Limited utilized Mahindra's manufacturing plant in Nashik, Maharashtra with a capacity of 50,000 vehicles per year. [2] Renault-Nissan have invested Rs 4,500 Crores to build a manufacturing plant in Chennai which will have a capacity of 400,000 vehicles per annum divided equally between Mahindra Renault Limited and Nissan Motor India Private Limited.
Renault Nissan Automotive India Private Limited. Nissan Motor India Private Limited – Oragadam (Chennai) [88] Renault India Private Limited – Oragadam, Chennai [89] Datsun – Oragadam, Chennai [90] Citroën India – Tiruvallur, Chennai; BYD India Pvt. Ltd – Sriperumbudur, Chennai; New Energy Wagon Pvt. Ltd - Tiruppur; Commercial vehicles
On 12 December 2012, the Renault–Nissan Alliance became the long-term controlling shareholder of AvtoVAZ, Russia's largest car company and owner of the country's biggest selling brand, Lada. [120] According to the terms of the deal, Renault–Nissan is investing 23₽ billion (US$742 million) for 67.13% of the joint venture by mid-2014.
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