The estimated project amount will be 125 million euros for a production capacity of 50,000 cars per year. Logan will be marketed under the brand of Mahindra Renault. Mahindra & Mahindra will use its extensive dealer network to distribute the Logan in India. A right hand drive version of Logan will be developed by Renault in partnership with Mahindra to meet the needs of Indian and other right-hand drive markets.
With a population of more than 1 billion inhabitants, India has experienced strong economic growth, exceeding 8% in 2004. The automobile market progressed by 68% between 1998 and 2003, reaching 1,040,000 vehicles in 2004 with a marked preference for small and medium segment cars (A,B & C).
For Renault, entering the Indian market constitutes a major step in its international development. Including India, Logan will be produced in six countries: Romania since 2004, Russia, Morocco and Colombia in 2005, and Iran from 2006.