Setting aside the tussle over the partners, Renault is all set to roll out its entire range of products in India. The company is in the bid to offer a large number, as it does not want to run the show with limited versions and to contribute to the growth of the Indian car market, said its CEO. It is known that Renault is in the tie-up with three partners in India – M&M, Bajaj and Ashok Leyland- which is facing long time tussle for more than one reasons. M&M is sore with the downfall of Logan and Bajaj is upset over the cost of the low cost car project. But Renault has different plans to improve its presence in the market with a full line up.
In addition, the project with Nissan at an investment of Rs4000 crore for a plant in Chennai will be ready by 2010 to produce nearly 4 lakh units a year. The agenda will be common between these two companies on this project- sharing of engines- but designs will be individual with different market strategies. Renault is slowly recovering from the partnership issue and is learning to resolve the dispute to mean the business, said the CEO. He is meeting the partners as ever, he said.