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 risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

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 ...

's largest utility vehicle 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 ar ...

(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. Nash ...

, 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.

Models

The Renault Logan 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

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 {{motorvehicle-company-stub

Manufacturing facilities

Models

Sales and service network

See also

References

External links