Renault Group India announced a significant restructuring of its operations aimed at enhancing its focus on exports. The company has filed with the National Company Law Tribunal (NCLT) to separate its powertrain production from vehicle manufacturing and sales. This restructuring is designed to create a more dedicated powertrain entity while integrating vehicle manufacturing and sales operations under one umbrella. Renault aims to strengthen India's role as a manufacturing and export base, targeting annual exports of up to €2 billion by 2030. The company assured stakeholders that there would be no disruptions to current business operations, and all existing employment terms, service continuity, and relationships with customers, dealers, suppliers, and partners will remain unchanged. Renault continues to express its commitment to India as a vital market and manufacturing hub, promising transparent engagement with stakeholders throughout the restructuring process.