Renault India To Ramp Up Production To Meet Demand

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According to ET, Renault India is gearing up to ramp up production by 50 percent to keep up with the demand, especially of the Kwid, which has become a success for the company since its launch.

Several vendors who are associated with Renault have confirmed that the company will increase production from 5,000 to 6,000 units which is currently being manufactured to almost 10,000 units per month.

Sumit Sawhney, the Managing Director for Renault India has confirmed the move, but did not reveal exact figures. According to Sawhney, the Renault Kwid has been a very good success and to keep up with the demand, production has to go up.

Since its launch in September, the Kwid has already registered 75,000 bookings, which was not even Renault's annual plan according to a few sources who are familiar with the development. Annual sales are expected to cross the 1 lakh mark in 2016, if the same momentum continues.

The company is determined to meet the growing demand in the Indian market, in spite of the Chennai rains that slowed down day-to-day livelihood in the capital state of Tamil Nadu, and also where the Renault factory is located.

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Read more on: #renault #auto news
Story first published: Tuesday, December 15, 2015, 13:20 [IST]
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