Renault and Nissan renew commitment to Indian operations through new investment and vehicles

Renault and Nissan have announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. From their base in Chennai, the companies will collaborate on six new production vehicles for domestic and international customers, including two new fully electric vehicles, uplifting the Renault-Nissan centre into an international export hub. An initial investment of around $600m USD / ₹5300 crores INR is planned to support the new projects, which will see an up to 2,000 additional new jobs created at the Renault Nissan Technology & Business Centre in Chennai. At the same time, the RNAIPL factory will become carbon-neutral with a significant increase in renewable energy generation. Following last week’s announcement of new high-value-creation operational projects for the Renault-Nissan-Mitsubishi Alliance, the future for Renault and Nissan’s Indian operations was outlined today at an official ceremony in Chennai by Nissan’s Director, Chief Operating Officer, Representative Executive Officer and member of Alliance Board Ashwani Gupta, in the presence of Thiru M.K. Stalin, the Honourable Chief Minister of Tamil Nadu, and alongside officials from the Tamil Nadu Government. Guillaume Cartier, Chairperson for Nissan's Africa, Middle East, India, Europe and Oceania region, said: “Renault and Nissan are