What Happened
Renault is focusing on hybrid and CNG vehicles to enhance its presence in the Indian market. CEO Stephane Deblaise indicated these vehicles could comprise half of their sales mix in the next two to three years. The company has launched a strong hybrid Duster SUV and plans to introduce CNG models thereafter. Renault aims for a 3-5% market share by 2030 through its strategy of offering seven models in India.