Renault crosses a sales milestone of 9 lakh units in India
By siliconindia | Wednesday, 31 May 2023, 03:38:50 PM IST
French auto significant Renault stated it reached the 9 lakh units milestone in cumulative revenue in India in the last 11 years. The firm, which began selling its made-in-India vehicles in 2012, presently sells entry-level car Kwid, compact SUV Kiger and multipurpose vehicle Triber.
"India is a strategic and among the top five markets for Groupe Renault and we have a clear long-term strategy in mind for the country. We have formulated a strong product-offensive plan for India, with a heavy emphasis on localization in future range of products," Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said in a statement.
With a long-term commitment to the Indian market, he further said: "Renault plans to bring several new innovations in products and services to meet the evolving needs and preferences of customers."
Mamillapalle said over the last few years, Renault has established a strong foundation in India.
"Company's commitment to the Indian government's 'Make in India' vision is unwavering and Renault aims to attain 90 per cent localisation for its upcoming products," he added.
Renault's vehicles are manufactured at the Renault-Nissan alliance plant in Chennai, which has a capacity of 4.8 lakh units per annum. Renault India has close to 500 sales and 530 service touchpoints across the country.
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