Renault says once again that it has big plans for the Indian market

Article by Christian Andrei, on August 29, 2010

Renault SA revealed its big plans for the fast-growing Indian market. The investments that were lined up for India that had been put on hold for a while due to the global economic downturn are back on track.

In a statement, Katsumi Nakamura, executive vice president and leader of the French automaker's Africa-Asia management committee, said that the Indian consumers should expect to see a re-energized Renault very soon.

Nakamura also said that the Renault Nissan Alliance greenfield manufacturing facility in Chennai is well on track and is a key asset in India.

The company had put on hold its investment in the Chennai plant in south India in 2008. In an interview with Reuters, Nakamura said that the company is seeking to gain a certain market share and volume in the next three years.

He also said that Renault expects to sell 50,000 to 60,000 cars annually in India within three years. For 2011, Renault plans to introduce the Fluence sedan and Koleos SUV in India.

In the next couple of years, Renault aims to offer a full range of cars from entry to luxury segments, according to Renault India Managing Director Marc Nassif.

Topics: renault, india, plan

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Retired Formula 1 driver Jenson Button has just received his brand new McLaren MSO 675LT Spider. This was confirmed after McLaren Beverly Hills posted a picture on its official Instagram...
by - January 24, 2017
Ford and Toyota have come together in the hopes of standardizing their vehicles’ smartphone integration system. The open-source platform is said to compete with Google Android Auto and Apple CarPlay...
by - January 24, 2017
The race to autonomous driving has been dictated by the need to make the road safer and reduce the incidents of vehicle crashes. Several major carmakers in the world have...
by - January 24, 2017
The Shooting Brake is probably the least rendered body shape in the automotive world. But it’s also the most sought after design among car nuts for its unique, old-fashioned charm....
by - January 23, 2017
Perhaps to make the upcoming Valentine’s day more special, Tinder dating app and Ford UK have cooked up a special blind date for all the single blokes and chicks in...
by - January 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries