Renault Nissan Automotive India Private Limited | |
Type: | Joint venture |
Industry: | Automotive |
Foundation: | May 2010[1] |
Location: | Chennai, Tamil Nadu, India |
Key People: | Mr.Biju Balendran, MD & CEO[2] |
Products: | Automobiles |
Parent: | Renault and Nissan |
Homepage: | www.nissan.in www.renault.co.in |
Renault Nissan Automotive India Private Limited is the Indian joint venture of Renault and Nissan and part of the Renault–Nissan–Mitsubishi Alliance.
Renault Nissan Automotive India Private Limited was established in 2005.
See main article: article and Renault India Private Limited.
See main article: article and Nissan Motor India.
Renault Nissan Automotive India Private Limited have their manufacturing plant in Oragadam near Chennai. The plant has a capacity of 480,000 vehicles per annum. The capacity is divided equally between Renault India Private Limited and Nissan Motor India.[3] Renault is constructing a small car powered by an 800cc engine, to compete with Maruti Suzuki's Alto, Hyundai India's Eon and Chevrolet's Spark, in the segment, that makes up for about 40–45% of India's car market. RNAIPL has achieved production target of 5,00,000 lakhs vehicle in the month of October 2013 in the short span of 40 months after start of production.. RNAIPL is one of the most profitable company which adopts Japanese manufacturing policy of GENBA KANRI. The company works on the style of maximum productivity with minimum resources. But, in due course this manufacturing strategy sometimes frustrates its employees. The small car is likely to be rolled out from the Renault Nissan Alliance plant in Chennai and to hit the market in 2014–15.[4]
In August 2015, RNAIPL put on hold its plans invest ₹5,000 Cr. in India due to non-payment of Investment Promotion Subsidies (IPS) promised by Tamil Nadu. The company claimed that it yet to receive a refund of ₹1,901 Cr and ₹ 822 Cr for IPS and input VAT respectively.[5]
Renault Nissan Technology Business Center India (RNTBCI) located at Mahindra World City, in Chengalpattu, Chennai is one of Nissan and Renault's Global Technical and Development Center. This unit is engaged in shared product development services for Renault and Nissan entities worldwide.
As of 2015, Renault India has 224 outlets in India.[6]
As of September 2015, Nissan Motor India has 201 dealerships across 148 cities in India.[7]