Summary:

By 2030, the French automaker Renault hopes to rank India among its top three worldwide markets, underscoring the nation's expanding significance in its global strategy. This strategy is motivated by a broader range of products and a greater emphasis on electrification in one of the fastest-growing car markets globally. According to CEO François Provost, the goal is to introduce seven new cars, including hybrid and electric versions, in India by the end of the decade. It is in line with India's growing customer demand and the industry's shift toward cleaner transportation. By 2030, Renault anticipates that almost half of its sales in India will be electrified. India is positioned as a major location for upcoming mobility solutions due to its expanding market and opportunity for innovation. 

Source: IBEF

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