April 16 (Reuters) - 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.
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.
(Reporting by Aditi Shah in Chennai, Writing by Surbhi Misra in Bengaluru; Editing by Sonia Cheema)
Renault is one of the world's leading automobile constructors. Net sales break down by activity as follows:
- sale of vehicles (88.9%): 2,336,807 passenger and commercial vehicles sold in 2025, distributed by brand between Renault (1,628,030), Dacia (697,408), Alpine (10,970), Renault Korea Motors (399) and other (2,431);
- services (10.2%): financing services for vehicle sales (purchasing, renting, leasing, etc.; RCI Banque), related services (maintenance, warranty extension, assistance, etc.) and mobility services.
At the end of 2025, the group had 25 industrial sites worldwide.
Net sales are distributed geographically as follows: France (28.5%), Europe (50.6%), Americas (8.2%), Eurasia (5%), Asia-Pacific (4.3%), Africa and Middle East (3.4%).
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