MUMBAI: Renault recently infused Rs 500 crore into the Indian subsidiary and is considering investing another Rs 2,500-3,000 crore over the next four years to support a major product push that the French carmaker has planned for this growing automotive market.Renault India Pvt Ltd allotted 50 crore shares valuing Rs 10 each to Renault Group BV a few months ago, according to filings with the Registrar of Companies. It was the second recent investment in the Indian unit, after a Rs 1,100 crore equity infusion in December 2015.Encouraged by the success of the Kwid small car, Renault is working out an aggressive product strategy for India. It plans to introduce one new product every year and bring SUVs, MPVs, crossovers and sedans priced under Rs 8 lakh to challenge the market dominance of Maruti Suzuki and Hyundai Motor India. A large part of the planned investment will be in products and R&D resources, as manufacturing capacity is already in place "The sense of confidence in India is very high," said a person with knowledge of the company's plans. "The brand's presence in the top three global markets — China, US and Japan — is fairly modest. Now it has got a headstart in India, which is set to become the third largest market in the world in the coming decade. With a CMF-A platform, there are lot more segments the brand plans to address in coming years."CMF-A is a modular platform that can be easily tweaked to suit products in different segments. That will suit its India plans. Renault is seeking to bridge the gap between the Kwid and the Duster SUV with more B-segment cars in the sub-Rs 8 lakh market, as well as drive in a more premium SUV — internally codenamed HHA, it is likely to be launched during the festive season of next year and take on models such as the Mahindra XUV 500. At Renault, the message to the Indian team is clear, "think big", Bernard Cambier, the company's chairman for the Africa-Middle East-India Region, said during a recent interaction with Indian media."I am fighting for investments and more models. We have a big engineering centre, robust purchasing department, the aim is to work towards more 100 per cent localised Indian models. Clearly the longterm ambition is to be in the top 3 — the podium — if not, then you are not a serious challenger," Cambier said, while declining to divulge specific information on products or investments.The Kwid has helped Renault break into the top 5 carmakers in India, with it on average dispatching about 10,000 units a month for some time now. To sustain the number, the company recently introduced a 1-litre version of the Kwid and to have a further push on the brand, it will be launching a clutch-less version shortly. Cambier admitted that the company committed a few mistakes. These included misreading the MPV market and not managing the product lifecycle of the Duster properly. Regular facelifts and refreshes will become the order of the day in coming years, he added.On potential opportunities, Cambier said with the modular CMF-A, Renault can address a significant part of the sub-Rs 8 lakh market. "The B segment accounts for 60 per cent of the overall car market, Renault will have offerings in future to address that space. Having addressed all wide spaces, we should look at a minimum of 7-8 per cent market share in the mid-tolong term in India," Cambier said.