The alliance will extend an existing partnership between the two.
Renault Kwid could be the new frontrunner in the 1-litre car segment, says P Tharyan.
While Renault reported an over 12 per cent decline in sales and lost market share, Market leader Maruti Suzuki grew over 19 per cent.
Renault says that one of the reasons why its sales look muted when compared to its peers is its limited reach.
How did the Kwid become an Indian success story?
Have committed themselves to investing Rs 1,85,000 crore since last year.