The company said that its manufacturing plant in Chennai has played a pivotal role in this accomplishment. The facility has a production capacity of 480,000 units per annum and the company has made substantial investments in manufacturing, technology, and talent to create a robust production infrastructure.
Country CEO & Managing Director, Renault India Operations, Venkatram Mamillapalle said this was a significant milestone for Renault and demonstrated the company’s unwavering commitment to the Indian market.
At a roundtable with journalists in Chennai, Mamillapalle said that the French car manufacturer will launch an electric vehicle in 2025. The EV will be one of the three new cars that the company would introduce in India by 2025.
“We are getting into the EV segment with aggressive positioning and also into the bigger cars in the ‘C’ segment of above 4-metre length from 2025 onwards,” he said.
Further, Mamillapalle said this is all part of Renault’s longer term plan to turn profitable and have a two million strong customer pool in India by 2030. Currently, this number stands at 9 lakh. Renault also said it sold over 100,000 vehicles in calendar year 2022 including 84,000 domestic and 28,000 export sales. “The target is similar for calendar year 2023 as well,” Mamillapalle added. The Renault-Nissan alliance has committed an investment of Rs 5,300 crore to support development of six products.Currently, Renault India offers three passenger vehicle models, including the Kwid, Kiger and Triber for its customers in India and exports to 14 countries across SAARC, Asia Pacific, Indian Oceanic Region, South Africa and East Africa region.
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