Unlike their French competitors Peugot-Citreon, Renault-Nissan are gearing up for a strong second innings in the Indian market after the initial hiccups for both individually. Renault-Nissan are planning big on the India growth story with ambitious expansion plans.
After doubling the production from 200,000 units to 400,000 units in April this year, the combine is planning to increase the vehicle building capacity to 800,000 units by 2016. Renault-Nissan plan to create a product base of 20-22 models by launching more cars ranging from the compact cars to luxury cars to premium SUVs.
The current Renault-Nissan line up has the Pulse, Fluence, Koleos, Micra, Sunny, X-trail and Teana covering most of the segments in the Indian market. With the Duster, Evalia being readied for their launch, the combine is aiming at better market visibility. They are planning to cross badge and sell their cars with Renault being sold at a premium over the Nissan as seen in the Micra and Pulse case.
The Nissan Oragadam facility near Chennai, developed as an international hub for production of cars to be sold in Africa, Europe and Asia, will see further investments in the years to come.