During the drive event of the muscular compact SUV, Duster in Kerala, Renault India, the Indian subsidiary of the France based auto major announced the launch of a new car in the small car segment intended for the mass market of India. At present, the company is developing this new small India intended car planned to be priced competitively below Rs. 4.5 lakhs.
Mr. Marc Nassif, Managing Director, Renault India Pvt. Ltd, confirmed the launch of a compact entry-level sedan in the festive season in the country while mentioning that the automaker is working on rolling out new small car for the major small car enthusiasts in India.
Recently, during a press release, Mr. Len Curran, Vice-President (Sales and Marketing), Renault India commented that the automaker considers India as one among its top pivotal markets and since the country is one of the fastest growing auto market globally, fierce presence of the Renault brand in India is crucial for the company’s global growth.
Renault India has declared to launch five new models by the end of 2012 and is selectively appointing new touch points and service outlets to ensure high-end quality services for its Indian customers.
The automaker will be infusing by the year 2015 an amount equivalent to Rs. 4,500 crore at its Chennai’s production facility, which will be extensively utilized for exports. At present, Renault will be producing right hand drive installed Duster at this plant to be exported to the U.K market.
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