Mahindra Renault Limited was a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
between
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
's largest
utility vehicle
A utility vehicle is a vehicle, generally motorized, that is designed to carry out a specific task with more efficacy than a passenger vehicle. It sometimes refers to a small truck with low sides.
Types of utility vehicles
Military light u ...
manufacturer
Mahindra & Mahindra Limited &
Renault S.A. of
France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
(51% & 49% respectively). The joint venture was formed in 2007. On 15 April 2010 Mahindra & Mahindra and Renault together announced restructuring plans by which Mahindra would buy Renault's share in the joint venture and Renault would continue to provide the support for M&M through license agreement and continue to be supplier of key components.
Manufacturing facilities
''Mahindra Renault Limited'' currently has a manufacturing plant in
Nashik
Nashik (, Marathi: aːʃik, also called as Nasik ) is a city in the northern region of the Indian state of Maharashtra. Situated on the banks of river Godavari, Nashik is the third largest city in Maharashtra, after Mumbai and Pune. Nashi ...
,
Maharashtra with a capacity of 50,000 vehicles per year. Renault-Nissan have invested Rs 4,500 Crores to build a manufacturing plant in Chennai which will have a capacity of 400,000 vehicles per annum divided equally between Mahindra Renault Limited and
Nissan Motor India Private Limited
Nissan Motor India Pvt Ltd is the Indian subsidiary of Nissan Motor Company of Japan.
History
Nissan Motor India Pvt Ltd (NMIPL) is a wholly owned subsidiary of Nissan Motor Co. Ltd Japan. The company was incorporated in 2005 and offers hatchb ...
.
Models
![Bangalore Taxi](https://upload.wikimedia.org/wikipedia/commons/a/a3/Bangalore_Taxi.jpg)
The
Renault Logan
Logan may refer to:
Places
* Mount Logan (disambiguation)
Australia
* Logan (Queensland electoral district), an electoral district in the Queensland Legislative Assembly
* Logan, Victoria, small locality near St. Arnaud
* Logan City, local gover ...
was launched 2007 and became the Mahindra Verito after the ending of the join venture in 2010.
Sales and service network
Mahindra Renault Limited uses
Mahindra & Mahindra Limited's network for the sales and service of
Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufacture ...
branded vehicles in India. It currently has more than 140 dealerships across 125 cities in 24
states and 3
Union Territories of
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
.
See also
*
Mahindra & Mahindra Limited
*
Renault S.A.
*
Automotive industry in India
The automotive industry in India is the fourth-largest in the world as per 2021 statistics. In 2022, India became fourth largest country in the world by valuation of automotive industry. As of 2020, India is the 5th largest automobile market i ...
References
External links
Mahindra Official Website
Motor vehicle manufacturers of India
Companies based in Nashik
Indian companies established in 2007
Mahindra Group
Indian companies disestablished in 2010
2007 establishments in Maharashtra
2010 disestablishments in India
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