Renault to Fully Own India Factory After Nissan Exit

Renault is now in charge of its car factory in India, buying out Nissan's share.

This means Renault owns the entire factory near Chennai, which was a joint effort before.

The factory has made millions of cars for many countries.

Even though Renault is the sole owner, Nissan will still use the factory to build its cars.

Renault wants to grow its business in India and plans to introduce new car models.

This move helps both companies in their different strategies: Renault gains more control, while Nissan reduces investment risks.