Renault's Ambitious Push into India: A 'futuREady' Roadmap
French automaker Renault aims to make India one of its top three global markets by expanding its portfolio to seven multi-energy models by 2030. Under the 'futuREady' plan, Renault plans to integrate India into its global value chain, targeting 2 billion euros in annual exports by 2030.
- Country:
- India
Renault is setting its sights on making India one of its top three global markets by 2030. The French automaker is planning a substantial expansion of its vehicle portfolio to seven multi-energy models. This bold move aligns with Renault's 'futuREady' strategy that focuses on growth, technology, excellence, and trust.
According to Renault's global CEO, Francois Provost, India is a significant player in the global automotive industry, accounting for over 34 percent of the total industry volume growth. With this in mind, Renault aims to launch new vehicles, including a compact SUV under the Bridger concept, ready for production in India next year.
Renault also targets 2 billion euros annually in exports by 2030, integrating India into its global value chain. With ambitions for 50 percent electrified sales by 2030, Renault plans to leverage its E-Tech full hybrid technology as it accelerates its growth in high-potential markets like India and South America.
ALSO READ
-
Cleaner Kitchens, Polluted Skies: Hidden Health Cost of India’s Electricity Boom
-
Japan-Backed ILO Projects Help 23,000 Workers Gain Rights and Fight Child Labour
-
India's Delicate Balancing Act: Navigating Energy Security Amid Middle Eastern Tensions
-
India Gears Up for Glory: Asian Games 2026 Preview
-
India Defends Energy Policy Amidst Rising Tariff Threats from U.S.
Google News