India is poised to play a crucial role in Renault’s “New International Gameplan 2027,” which was unveiled in Rio De Janeiro, Brazil. As part of Renault’s strategy to expand the brand globally beyond Europe, the French automaker has committed to investing 3 billion euros over the next four to five years. This investment is a fundamental element of Renault’s Renaulution strategy, which involves a shift from low-margin volume products outside of Europe to more profitable high-value models.
Under this initiative, Renault plans to introduce eight new models by 2027 across its key markets in Latin America, North Africa, Turkey, South Korea, and India. These eight models consist of one B-segment SUV, three C-segment SUVs, two D-segment SUVs, and two pickup trucks.
To achieve synergies and cost-efficiency, these products will be based on two distinct Renault Group platforms, with a significant focus on E-Tech. These platforms will offer a range of electrified solutions, including 48-volt hybrids, strong hybrids, and battery electric vehicles.
During the announcement of this new vision statement in Rio De Janeiro, Fabrice Cambolive, CEO of Renault Brand, emphasized that this international plan aims to bring brand consistency across all global markets. It will enable the company to offer competitive products that meet customer needs while enhancing the company’s value and profitability.
Outside of Europe, Renault operates in 80 countries and serves 13 million customers. Renault is the leading French brand globally, with 40% of its sales originating from markets outside of Europe.
The management revealed that these new models have been developed based on four strategic principles:
- a) All models will reflect the Renault brand’s design language and target markets.
- b) Five new C&D segment models and two light commercial vehicles will be introduced by 2027.
- c) There will be an acceleration of electrification, with one in three Renault cars sold outside Europe being hybrid or electric.
- d) A new modular platform will be industrialized in four different hubs, including Latin America, Turkey, Morocco, and India.
The new plan is based on two platforms:
- a) The Compact Modular Architecture platform for South Korea.
- b) A fully new modular platform, to be utilized in four strategic industrial regions beyond Europe: Latin America, Turkey, Morocco, and India. This platform is scalable, flexible, and compatible with various powertrains, including internal combustion engines, flex fuel, LPG, hybrid, 48V, and fully hybrid systems.
Renault boasts a workforce of 35,000 employees, four design centers, 13 manufacturing plants, and over 4,000 dealers as part of its global operations.