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    Renault targets India among its top three markets by 2030, CEO says

    Synopsis

    French automaker Renault is aiming for India to be among its top three global markets by 2030. The company plans to introduce seven new vehicles, including electric models. By the end of the decade, Renault expects electrified vehicles to represent approximately half of its sales in India. This strategic move underscores Renault's commitment to the growing Indian automotive sector.

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    Renault to cut up to 20% of engineers as competition from China heatsAgencies
    Renault targets India among its top three markets by 2030, CEO says
    French automaker ​Renault is ​targeting India to ​become one of its top three global markets by ‌2030 ⁠as ⁠it steps up ​launches and electrification efforts in the ​world's third-largest auto market, its global CEO ​Francois Provost ⁠said on ‌Thursday.

    Also Read: Renault to cut up to 20% of engineers as competition from China heats

    The company ​plans ​to launch seven ⁠vehicles in India by 2030, ​including battery-electric models, ​and aims for electrified vehicles to make up about half of its ‌sales in the country by the end ​of ​the ⁠decade, Provost said at an industry event in Chennai ​city.

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