Chennai, April 16 -- Renault is doubling down on India with a push on exports. The French carmaker is targeting €2 billion worth annual exports from India by 2030, its global chief executive officer (CEO) Francois Provost said on Thursday. The move signals a sharper role for India in Renault's global plans, as it looks to regain momentum in a key growth market.

Provost is spending the week in India reviewing Renault's local operations, which he said is at the heart of the group's strategic plan. He declined to reveal the current value of the company's exports. "Current exports are low," he said. Elaborating on the nature of future exports, the CEO said it will be less of cars and more of technologies and components.

Provost admitt...