Renault India Private Limited
Encyclopedia
Renault India Private Limited is the Indian subsidiary
of Renault S.A. of France
, with its headquarters in Mumbai
. The company has production facilities in Chennai
, Tamil Nadu
.
In 2005, Renault established a 51:49 joint venture with Mahindra & Mahindra Limited
to form Mahindra Renault Limited
. In May 2007, the joint-venture launched the Renault Logan, produced at a manufacturing plant in Nashik, Maharashtra
. Initially, the Logan met with considerable success but sales slipped with competition against newer models from Maruti Suzuki, Tata Motors
and Toyota. The Logan was criticised for its boxy looks and awkward ergonomics. Although built as a Right Hand drive vehicle for the Indian market, the Logan's ergonomics were configured for a Left Hand drive vehicle.
In February 2010, Mahindra and Renault announced the dissolution of their joint-venture, with Mahindra buying out Renault's shares. Renault agreed to provide support to M&M through a license agreement as well as to supply key components. Following its exit from the joint-venture, Renault entered the Indian market on its own.
In March 2010, Renault India and Nissan India opened a production facility in Chennai. Established with an initial investment of , the plant has a combined annual capactity to produce 400,000 vehicles. Each partner is entitled to half the production capacity.
sedan.
In September 2011, it launched the Koleos
SUV.
.
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of Renault S.A. of France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
, with its headquarters in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
. The company has production facilities in Chennai
Chennai
Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...
, Tamil Nadu
Tamil Nadu
Tamil Nadu is one of the 28 states of India. Its capital and largest city is Chennai. Tamil Nadu lies in the southernmost part of the Indian Peninsula and is bordered by the union territory of Pondicherry, and the states of Kerala, Karnataka, and Andhra Pradesh...
.
History
Renault India Private Limited was established in October 2005.In 2005, Renault established a 51:49 joint venture with Mahindra & Mahindra Limited
Mahindra & Mahindra Limited
Mahindra & Mahindra Limited is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. The company was set up in 1945 in Ludhiana as Mahindra & Mohammed by brothers K.C. Mahindra and J.C. Mahindra and Malik Ghulam Mohammed...
to form Mahindra Renault Limited
Mahindra Renault Limited
Mahindra Renault Limited was a JV between India's largest Utility vehicle manufacturer Mahindra & Mahindra Limited & Renault S.A. of France . The joint venture was formed in 2007. The JV has set up a state-of-the-art manufacturing plant in Nashik, Maharashtra. On April 15...
. In May 2007, the joint-venture launched the Renault Logan, produced at a manufacturing plant in Nashik, Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...
. Initially, the Logan met with considerable success but sales slipped with competition against newer models from Maruti Suzuki, Tata Motors
Tata Motors
Tata Motors Limited is an Indian multinational automotive corporation headquartered in Mumbai, India. Part of the Tata Group, it was formerly known as TELCO...
and Toyota. The Logan was criticised for its boxy looks and awkward ergonomics. Although built as a Right Hand drive vehicle for the Indian market, the Logan's ergonomics were configured for a Left Hand drive vehicle.
In February 2010, Mahindra and Renault announced the dissolution of their joint-venture, with Mahindra buying out Renault's shares. Renault agreed to provide support to M&M through a license agreement as well as to supply key components. Following its exit from the joint-venture, Renault entered the Indian market on its own.
Operations
In September 2008, Renault India opened its 5th global vehicle design studio in Mumbai.In March 2010, Renault India and Nissan India opened a production facility in Chennai. Established with an initial investment of , the plant has a combined annual capactity to produce 400,000 vehicles. Each partner is entitled to half the production capacity.
Manufactured locally
In May 2011, Renault India launched the FluenceRenault Fluence
In 2004, Renault presented a 2+2 concept coupé, named Fluence and designed by then Renault chief designer Patrick le Quément, with a length similar to that of the Renault Laguna....
sedan.
In September 2011, it launched the Koleos
Renault Koleos
The Renault Koleos is a compact SUV which was first presented as a concept car at the 2006 Mondial de l'Automobile in Paris, with first concept demonstrated on 2000 Geneva Motorshow. The Koleos was designed by Renault and developed by Nissan. It is manufactured by Renault Samsung Motors, a...
SUV.
Sales
As of May 2011, Renault India had 16 dealerships in 16 cities across 9 states and 2 Union TerriotoriesUnion Territory
A Union Territory is a sub-national administrative division of India, in the federal framework of governance. Unlike the states of India, which have their own elected governments, union territories are ruled directly by the federal government; the President of India appoints an Administrator or...
.