Renault Developing India Specific Car

Renault is at the conceptualisation stage for a car which would meet the requirements of the Indian market. The said car is expected to be launched after 2013. However the car won’t be solely for India and will be exported to similar markets as India. The company is investing Rs. 4,500 crore with its partner Nissan to set up a plant in Chennai having a capacity of up to 4 lakh units per annum.