Renault Acquires Nissan Stake, Expands India Hub

Renault Group has acquired Nissan's remaining 51% stake in their Chennai-based joint plant, becoming the sole owner of Renault Nissan Automotive India Private Ltd (RNAIPL) and fully consolidating it into its global operations. This strategic move aims to accelerate Renault's growth in India, the world's third-largest automotive market, which is a key pillar of the Group's International Game Plan 2027 strategy. The Chennai plant, known for its operational excellence and capacity exceeding 400,000 units annually, will support a major product offensive including the launch of four new vehicles, starting with the New Renault Triber. Renault also opened its largest design center outside France in India, leveraging local engineering capabilities to develop and adapt vehicles for both domestic and international markets. Stéphane Deblaise has been appointed CEO of Renault Group in India, effective September 1, 2025, to lead this new phase of growth. The acquisition and expansion reflect Renault's ambition to make India a central hub for manufacturing, innovation, and exports.