Renault Group will purchase the remaining 51% stake in Nissan at its joint manufacturing facility in Chennai

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Renault Nissan Expertise Enterprise Centre India, Chennai. File | Photograph Credit score: Hinduism

On Friday (August 1, 2025), Renault Group mentioned it had acquired the remaining 51% stake in Nissan in its joint manufacturing facility in Chennai (Renault Nissan Motor India Personal Ltd. – “RNAIPL”).

In the meantime, Stephen DeBlaise will likely be appointed CEO of India’s Renault Group on September 1, 2025.

Renault Group at the moment owns its Chennai manufacturing facility completely, and the strategic strikes strengthen the group’s ambition to make India a key pillar of worldwide development, the corporate mentioned.

Renault Group additionally depends on an Indian-based engineering centre, which is collectively owned with Nissan, and performs an energetic position in growing and adapting automobiles to satisfy the wants of each native and worldwide markets.

Our cooperation with Nissan will proceed on this new context. Particularly, he mentioned that RNAIP will proceed to provide Nissan fashions as deliberate.

“With full possession of the Chennai manufacturing facility, there are all of the means to speed up in India. Stephen DeBlaze has sturdy worldwide expertise and deep data throughout the worth chain, making it preferrred for designing and implementing methods within the area.

Stéphane Dblaise joined the Renault Group in 2000 and has established a number of strategic positions within the group’s worldwide enterprise.

Stéphane was constructed on experience developed in Korea since 2022, the place he led a serious transformation of the enterprise. Particularly, by positioning the Busan web site as an industrial and expertise hub and relocating the Renault model within the Korean market.

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As a part of the Worldwide Recreation Plan 2027 technique, the Renault model is accelerating enlargement in India, a rising market the place greater than 50% of its inhabitants is below the age of 28, the assertion mentioned.

Because the world’s third largest vehicle market, India stands out as an vital territory. He’s a driving drive behind innovation, a supply of inspiration for a brand new technology, and a key participant within the transformation of the automotive sector.

Since its launch in 2010, the Chennai plant has produced over 2.8 million automobiles and 4.6 million engines and gearboxes, together with 1.2 million items exported to over 100 nations. Supported by the ecosystem of round 300 native suppliers, the manufacturing facility has annual manufacturing capability of over 400,000 automobiles.

The Renault model was based in India and has over 350 sellers and 450 service factors nationwide.

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