Renault India, one of the newest entrant into automotive brands in India, registered a growth of 146 percent in the year 2016, by selling 132,235 units as against 53,847 units in the preceding year.
Renault registered growth of 9.2 percent with monthly sales of 11,244 units in the month of December 2016 as against 10,292 units in the corresponding month last year.
These figures are surely encouraging for Renault which is making efforts to expand in India market.
“India is a priority market for Groupe Renault and plays an important role in Renault’s international growth. In a short span of time, Renault has grown its presence exponentially, becoming one of the youngest and fastest growing automotive brands in India. We are on track with a 4.5 percent market share at the end of 2016, achieving a robust three-digit growth over 2015,” said Sumit Sawhney, Country CEO & Managing Director, Renault India Operations.
Sumit further said that Renault will launch at least one new product every year, over the next five years. Renault India Pvt Ltd is a fully owned subsidiary of Renault SAS France. Renault India cars are manufactured at the manufacturing facility located in Oragadam, Chennai, with a capacity of 480,000 units per year. Currently, Renault India has presence of more than 265 sales and service facilities across the country.
Renault India offers cars like Duster, Kwid, Pulse and Scala.