This Vehicle Is Key Driver For 200 Percent Growth Rate Of Renault India

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Renault India entered India in 2008 and launched its first vehicle in 2011 with Fluence, from then on the French carmaker has been growing steadily.

India is the 6th largest market for the global automobile manufacturer currently, as of the quarter end of March 2016, their growth reached 200 percent driven mainly by the highly successful Renault Kwid.

Also Read: Pros & Cons Of Renault Kwid

Since the launch of the Kwid, it has booked 120,000 orders and sales of 23,000 units. Renault India's market share is 2.14 percent in 2015-16 when compared to 0.2 percent in the previous year.

Images Of Renault Kwid 1.0-litre (AMT)

Sumit Sawhney, managing director at Renault India, said, "The biggest numbers are coming from the Kwid, which has already overtaken Duster's volume, since the Duster segment is smaller as compared to the Kwid's."

The Renault India's manufacturing plant in Chennai has ramped up its production from 2,500 units to 5,000 and then to 7,500 units and is looking to close in on the 10,000 units monthly.

Currently, you will have to wait for at least six months before you can take delivery of the Renault Kwid, however, that will set to change with the company adding third shift to its manufacturing plant.

In March alone, Kwid sales were 9,800 units and is among the top 10 selling vehicle in India. The company says it will launch one model every year and probably more, the next could be the Renault Kwid 1.0-litre engine. The Kwid 1.0-litre will come in both manual and automatic, the curious aspect of the car is the automatic gear knob and not the conventional gearstick.


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Read more on: #renault #auto news
Story first published: Monday, May 2, 2016, 11:08 [IST]
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