Renault Group India has approached the National Company Law Tribunal (NCLT) for approval of a proposed structural realignment of its India operations. The proposed realignment is aimed at creating clearer and more focused operating structures. It envisages the powertrain manufacturing activity being organised as a dedicated powertrain entity within Renault Group India, while vehicle manufacturing and sales operations are brought together under an integrated operating structure.
This alignment reflects the distinct industrial and operating requirements of the businesses and is intended to support Renault’s long-term business strategy in India, including strengthening India’s role as a manufacturing and export base, with the ambition of supporting exports of up to Euros 2 billion annually by 2030.
The proposed changes do not involve any disruption to business operations. There is no impact on employees, customers, dealers, suppliers, or partners. Employment terms, service continuity, and existing relationships remain unchanged, and business continues as usual. All existing manufacturing, supply, and service commitments, including commitments to partners, continue unchanged.
Renault Group India remains fully committed to India as a key market and manufacturing hub and will continue to engage transparently with stakeholders as the process progresses.
Reinforcing its commitment to advancing New Energy Mobility in India, JSW MG Motor India unveiled MG ADAPT (Advance Drive Architecture Platform Technology), India's first Multi New Energy Vehicle (NEV...
Amkette has expanded its iGrip portfolio with the launch of the iGrip Secure X2 Bike Phone Holder Series, a new range of smartphone holders designed to make navigation safer, more convenient, and more...
Studds Accessories, one of the world's leading two-wheeler helmet manufacturers, has launched the Studds Marshall Kids Tom and Jerry Edition, the newest addition to its Marshall Kids range developed i...