Renault announced that it will offer a full range of products in India and is constantly working towards getting the right product line up, even as it tries to sort out differences with partners in the country.
“Renault will have much more products for India. There will be a full line up of products of Renault for India and we have not come to India to sell one specific car. It's coming to India to contribute to the development of the Indian market and will come up with a complete line up,” said Renault Chairman and CEO Carlos Ghosn.
Renault has three joint ventures in India with Mahindra & Mahindra, Ashok Leyland and Bajaj Auto.
It has been facing some hiccups with the partners, specially with Mahindra & Mahindra in their joint venture due to falling sales of sedan Logan and also with Bajaj Auto on the pricing front on their proposed small car.
“We are constantly evaluating all the line ups that we are going to produce at the Chennai plant and this will continue till the plant starts,” Ghosn said.
Besides, Renault with its Japan-based partner Nissan is investing over Rs 4,000 Crore in setting up a passenger car facility in Chennai with a total production capacity of four lakh units a year. The plant is expected to start production by 2010 for Nissan products.
“We have a common approach between the two companies (Renault and Nissan) where platforms are going to be shared, engines are going to be shared although designs are going to be different even though the markets are going to be completely different,” he added.
Seeking to downplay the differences with partners, Ghosn said, “It is a constant learning and correction, and additions and discussion with our partners. We feel very good about our presence in India.”
Asked about his meetings with partners in India, he said: “I am in India for the WEF and taking this opportunity to meet all our partners, Bajaj, Mahindra and Ashok Leyland. There is nothing unusual about it. Whenever I come I meet them.”