Renault Group is sharpening its India strategy with a target to generate €2 billion in annual exports from the country by 2030, even as it lines up its most aggressive product offensive yet with seven new models.  Between the two new platforms, the company will have multiple-powertrain capabilities spanning electric, hybrid, CNG and internal combustion engine (ICE) vehicles.

The strategy rests on four pillars: a seven-model portfolio with full-spectrum electrification, India as a global engineering hub, a strong export play and scaling the country into one of Renault’s top three markets globally. "These four pillars will help us in making india into top 3 renault brand market. We are targeting progressive year-on-year growth in India and are positioning india at the heart of Renault group's global operations," he adds.

The announcement comes close on the heels of the company’s global FuturEReady mid-term plan, with CEO François Provost positioning India at the centre of Renault’s global growth ambitions with a target to make India one of its top three markets worldwide by the end of the decade. “India represents more than one-third of the global market where we operate. Being competitive here will give us strength globally,” he said.

Renault is targeting a 5% market share in India, backed by what it describes as its "largest-ever product renewal cycle." 

Seven-model Push Across Powertrains

At the core of the plan is a significant expansion of Renault’s product lineup to seven models by 2030, marking a shift from its relatively narrow portfolio in recent years. The new range will span ICE, hybrid and fully electric vehicles, reflecting a multi-powertrain approach to address diverse customer needs.

The company is aligning this push with its global transformation strategy focused on profitability, localisation and technology-led differentiation. Renault’s strategy combines a dual focus—“India for India” and “India for the world.” While the former emphasises faster, localised decision-making, the latter positions India as a cost-competitive manufacturing and export hub.

Provost highlighted increased autonomy for the India leadership team, led by Stéphane Deblaise, to better respond to the pace and complexity of the domestic market.

At the same time, India will play a larger role in Renault’s global programmes, both as a manufacturing base and an engineering hub.

A key driver of Renault’s scale ambitions will be the introduction of two new platforms—an entry-level architecture fully managed from India for global markets, and a modular platform with significant Indian development input.

The company is targeting localisation levels of up to 90%, aimed at improving cost competitiveness and reducing exposure to global supply chain disruptions.
Central to this strategy is Renault’s Chennai facility, now fully owned by the company following the acquisition of its former alliance plant. The plant has an installed capacity of 480,000 units—nearly three times its current production levels.

“Renault's 100% acquisition of the Chennai RNAIPL plant has been central to its India narrative. The facility has installed capacity for 480,000 units, nearly triple current production. The Bridger SUV will be the first model designed, built, and exported globally from India under the FuturEReady plan,” Provost said.

India is also emerging as a key engineering base for the group, with over 6,000 engineers in Chennai supporting both domestic and global programmes.
Renault’s renewed India push comes as the automaker looks to regain scale after a prolonged period of limited product activity. The planned product expansion, combined with deeper localisation and platform efficiencies, is expected to drive volumes, exports and market share growth over the next five years.