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Renault to buy Nissan's stake in India manufacturing unit, taking full ownership

Published by Global Banking & Finance Review

Posted on March 31, 2025

1 min read

· Last updated: January 24, 2026

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Renault to buy Nissan's stake in India manufacturing unit, taking full ownership
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Renault Acquires Full Control of Nissan's India Plant

(Reuters) -Renault Group said on Monday it would acquire the remaining 51% shareholding in Renault Nissan Automotive India Private Ltd, currently held by Nissan Motor Corp, taking complete ownership of the manufacturing plant.

Located in the southern Indian city of Chennai, RNAIPL began operations in 2010, with Paris-based Renault and Japan-based Nissan holding a 30% and 70% stake, respectively.

Nissan's stake was reduced to 51% as part of a deal in 2023 to jointly invest $600 million to make six new models in India.

(Reporting by Ananta Agarwal in Bengaluru; Editing by Shilpi Majumdar)

Key Takeaways

  • Renault acquires remaining 51% stake from Nissan.
  • The Chennai plant began operations in 2010.
  • Renault and Nissan initially held 30% and 70% stakes.
  • Nissan's stake was reduced to 51% in 2023.
  • The deal involves a $600 million investment for new models.

Frequently Asked Questions

What is the main topic?
The main topic is Renault acquiring Nissan's 51% stake in their joint manufacturing plant in Chennai, India.
What was the previous ownership structure?
Initially, Renault held a 30% stake and Nissan a 70% stake, which changed to 51% for Nissan in 2023.
What is the significance of this acquisition?
This acquisition allows Renault to have complete control over the Chennai manufacturing plant, enhancing its production capabilities in India.

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