Renault, a France based leading car maker that is yet to make a mark in the Indian market, aims to open as many as 70 new dealerships in the Indian market by year 2013. According to a statement given by a senior company official to a leading Indian news agency, the company has planned to roll-out ‘Fluence’ by mid 2011 and at that time it will have around 7-10 dealerships in the country. The company has also indicated that by year 2013, it will be having five cars in its India portfolio.
Initially, the company will open 7-10 dealerships in the Indian market by year 2011, and will take the figure to about 40 by year 2012. And will add 30 new dealerships in year 2013. All these outlets will be opened in major Indian cities such as Delhi, Mumbai and Bangalore.
Renault India has established a manufacturing unit at Oragadam near Chennai in partnership with its global partner Nissan Motors. The Nissan-Renault joint venture has planned an investment of Rs 4,400 crore for this facility in coming seven years. In year 2011, the company will roll-out a luxury sedan Fluence and crossover Koloes in India, which will be followed by three more cars in year by mid-2013. In addition to this, the company will also launch a small hatchback in the Indian market.
Moreover, the Nissan-Renault joint venture is also developing an ultra low cost (ULC) car for the Indian market in partnership with country’s leading two-wheeler maker Bajaj Auto. The new ULC car will hit the Indian roads by year 2012 along with a price tag of Rs 1.5 lakh to 2 lakh.
As per a recent statement given by company’s Managing Director Marc Nassif, the company is ahead of its plan of selecting and appointing dealers and is on track to meet the challenging targets that it had set for itself in India. He added that that Renault will bring to its Indian customers to ensure that it live up to the brand promise.