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Chasing 5%: Can Renault Reclaim Relevance in India’s Competitive Car Market?
Targeting full plant utilization and a 5% market share, Renault’s India reset hinges on fresh products, shared platforms, and a much-needed investment cycle.
By Ketan Thakkar
8050 Views
Venkatram Mamillapalle, CEO & Managing Director, Renault India Operations.
• 5% target: Renault aims to hit 500,000 units production and 5% market share in India.
• Model blitz: Six new models coming—four ICE, two EVs by FY27.
• Powertrain mix: Focus on CNG, ethanol, hybrids; no return to diesel.
• Global backing: India key to Renault’s €3B emerging market push.
Renault India is setting bold targets to reboot its growth story in one of the world’s most competitive automotive markets. The French carmaker aims for a 5% domestic passenger vehicle market share. It plans to scale production to nearly 500,000 units annually, close to the full capacity of ...
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