Renault unveils 'futuREady India' plan for expansion, targets 5% market share

François Provost, CEO, Renault Group, said India was set to become not only a growth market, but also a centre of excellence and an export hub.

“We are opening a new era in our global growth story — and India will be at the heart of it. The group is accelerating its international growth by building on high-potential, fast-growing markets where the group already has a strong presence,” said Provost.

He further said India was a prime example, as they had been established here for fifteen years. It represented more than one-third of the growth potential across the markets where the Renault brand already operates.

With futuREady India, Renault aims to make India one of the brand’s top three global markets by 2030. The group is entering its largest-ever product renewal cycle in India, with a portfolio expanding to seven multi-energy models by 2030, all designed specifically for local market needs, using a next generation digital and electronic architecture.

Furthermore, Renault plans on launching seven models and 22 variants over the next four years in order to achieve 5 percent market share in India as part of its expansion goals.

Stéphane Deblaise, CEO, Renault Group in India, said leveraging world-class engineering, competitive manufacturing, and a clear, ambitious product roadmap, India was poised to be a major driver of sustained value for Renault Group.

“By 2030, we will offer a seven-model portfolio in India, spanning key segments from compact cars to larger SUVs, and featuring a full spectrum of electrified powertrains—from strong hybrids to fully electric vehicles,” he added.

Four vehicles are in the line-up to reach a total of seven vehicle portfolio by 2030, including Renault Duster, unveiled in January 2026, and already generating strong enthusiasm among Indian customers.