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.

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.

(With inputs from agencies.)