French carmaker Renault SA is in early talks with JSW Group for a potential joint venture in India, Bloomberg reported, quoting people familiar with the matter, as the French carmaker looks to strengthen its position in one of the world’s fastest-growing auto markets while restructuring ties with longtime partner Nissan Motor Co. The discussions, which remain private and may not result in a deal, are part of Renault’s broader strategy to deepen its independent operations in India. The company is in the final stages of acquiring Nissan’s stake in their jointly owned plant in Chennai, marking a key step in a deal announced in March to reduce cross-shareholding between the two automakers to 10% from 15%.