Renault's Strategic Drive: Full Control of Chennai Plant Ignites Faster Growth in India

Renault gains complete control over its Chennai plant, aiming to accelerate its growth in the Indian market with four new model launches. Global CEO Francois Provost highlights India's significance in Renault's international R&D and appoints Stephane Deblaise as CEO of Indian operations starting September 2025.

Devdiscourse News Desk | New Delhi | Updated: 01-08-2025 14:38 IST | Created: 01-08-2025 14:38 IST

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Renault, the renowned French automaker, is gearing up for rapid expansion in the Indian market after securing full control of its Chennai manufacturing plant. This strategic move, confirmed by Global CEO Francois Provost, marks a significant step in Renault's growth strategy in what is considered a key market.

Highlighting India's crucial role in the brand's global research and development footprint, Provost announced the company's plans to launch four new models. He emphasized that with complete ownership of the Chennai facility, Renault is well-equipped to enhance its Indian operations.

In its latest corporate announcement, Renault revealed the acquisition of the remaining 51% stake in the plant, previously co-owned with Nissan. Additionally, the automaker has appointed Stephane Deblaise as the new CEO for its Indian operations, effective September 2025, entrusting him with driving Renault's ambitious regional plans.

(With inputs from agencies.)