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Renault gets India clearance to buy out Nissan in Indian joint venture

By Freny Patel ( July 29, 2025, 08:35 GMT | Insight) -- French automotive giant Renault has secured unconditional approval from India's antitrust watchdog to acquire Nissan's entire shareholding in their domestic manufacturing joint venture, Renault Nissan Automotive India. The parties told the Competition Commission of India that the proposed change in shareholding will allow Renault to expand its international business and enable Nissan to exit from the manufacturing entity, supporting its global turnaround efforts. The CCI said a detailed order will follow.French automotive major Renault has received unconditional clearance from India's antitrust watchdog to buy out Japanese auto giant Nissan's shareholding in the domestic manufacturing joint venture company Renault Nissan Automotive India. ...

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