The strategy reflects the French group’s new approach on the flexibilization of supply chains and global cost optimization.
The Chennai plant has become a strategic pillar for Renault after the French group took full control of the facility, previously owned in partnership with Nissan.
Renault group has announced EUR3 billion investments in its international development plan, with the aim of electrifying a third of sales outside Europe by 2027. India is a priority market in this strategy together with Latin America and South Korea.
(English version by Catalina Apostoiu)