Renault aims high for the Indian market
Renault, a France based leading car maker, is eying on establishing itself as a major player in the Indian car market with launching a series of new vehicles in India, in coming five years. It is expected that the company will come-out with as much as 4 new car models in India across different segments.
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However, the Renault India has to establish its own dealership base in the Indian market as after parting ways with Mahindra & Mahindra the company hasn't left with any dealership in India. The company is aiming to establish a large dealership base of 70 dealers in the country by year 2014.
Renault Fluence, which is a luxury saloon, is among the first one to enter in India in the second quarter of next year. The Fluence model is expected to be priced in the range of Rs 12 to 13 lakh and will possibly compete with other popular cars of this range including Skoda Laura, Honda Civic and Toyota Corolla Altis. The Fluence will be followed by luxury SUV Renault Koleos, which will possibly be launched in the Indian market by the end of 2011. It is expected that the company will place this SUV in the price segment of Rs 17 to 18 lakh. Both of these models will be imported as CKD (Completely knocked Down) units in the Indian market and will be assembled at company's Oragadam plant near Chennai.
Besides this, the company is also planning to launch a new car in the compact-car segment in India by year 2012. The car will be developed at a platform shared with Nissan Motors in India. With this, the company is also expected to launch its Clio model in the Indian market, which has been phased-out in the European market. However, there is no announcement from the company's side regarding the launch of this model in Indian market.
