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Renault Group To Buy Out Nissan Stake In India JV Plant
The Renault-Nissan plant in Tamil Nadu will continue to make Nissan models in India, including the best-selling Magnite compact SUV.
31 Mar 2025, 04:55 PM IST 
A Renault car parked outside a dealership. Renault and Nissan will continue to jointly operate their global capability centre in India. (Source: Unsplash)
Renault Group is set to buy out Nissan Motor Co. Ltd. from their joint venture in India for complete ownership of their car plant in Tamil Nadu.
The French carmaker will acquire 51% shareholding of the Japanese carmaker in Renault Nissan Automotive India Pvt. Ltd. to expand its international business, according to a company statement on Monday. The JV plant will continue to produce Nissan models, including the Magnite SUV, as well as serve as a hub for its exports business.
The transaction, subject to regulatory approvals, is expected to be completed mid-2025.
The carmakers will continue to operate jointly Renault Nissan Technology & Business Centre India—a global capability centre.
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