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The capacity is divided equally between Renault India Private Limited and Nissan Motor India. [3] Renault is constructing a small car powered by an 800cc engine, to compete with Maruti Suzuki's Alto, Hyundai India's Eon and Chevrolet's Spark, in the segment, that makes up for about 40–45% of India's car market.
In September 2008, Renault India opened its fifth global vehicle design studio in Mumbai. [5] In March 2010, Renault India and Nissan India opened a production facility in Chennai, [6] which was established with an initial investment of Rs 45 billion (US$990 million). The plant has a combined annual capacity to produce 480,000 vehicles.
Nissan in India has a portfolio of two brands, Nissan and Datsun. In February 2008, Nissan, together with its global alliance partner Renault signed a MoU with Government of Tamil Nadu to set up a manufacturing plant at Oragadam, near Chennai with an investment of INR 45 billion over a period of 7 years. On 17 March 2010, the Renault-Nissan ...
Mahindra Renault Limited utilized Mahindra's manufacturing plant in Nashik, Maharashtra with a capacity of 50,000 vehicles per year. [2] Renault-Nissan have invested Rs 4,500 Crores to build a manufacturing plant in Chennai which will have a capacity of 400,000 vehicles per annum divided equally between Mahindra Renault Limited and Nissan Motor India Private Limited.
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The Renault Triber is a mini MPV [1] [2] [3] with three-row seating produced by the French car manufacturer Renault through its Indian subsidiary Renault India. It was introduced in India on 19 June 2019 and went on sale in August 2019.
Chennai is nicknamed the "Detroit of Asia" [1] due to the presence of major automobile manufacturing units and allied industries around the city.. A number of big motor companies has presence along the 60 km Automotive Corridor which includes BMW, Ford, Hyundai, Renault-Nissan, Mitsubishi, Caparo Group, Komatsu, Caterpillar, Ashok Leyland, TVS, and others.
Share of the SA des Usines Renault, issued 1 January 1932 to Louis Renault. Renault S.A., commonly referred to as Groupe Renault (UK: / ˈ r ɛ n oʊ / REN-oh, US: / r ə ˈ n ɔː l t, r ə ˈ n oʊ / rə-NAWLT, rə-NOH, [7] [8] French: [ɡʁup ʁəno], also known as the Renault Group in English), is a French multinational automobile manufacturer established in 1899. [9]