| 
Help
Renault, the French automotive giant plans to launch at least one product per year in India until 2021. It will include vehicles in the sub-4 metre section, which is the most selling in its segment. At the same time, it also plans to get past 5 percent market share within the home passenger automobile class by the 12 months end.
As per Sumit Sawhney, Renault India Operations United States CEO and MD,  Renault is planning to launch at least one new product once a year. He also stated that India is a precedence market for Group Renault and plays a crucial position in Renault’s international growth. In a short span of time, Renault has grown its presence exponentially and has grown to become the No. 1 European model in India.
Moreover, the company will keep adding game-changing products in the country as it has done over the past few decades. As per SIAM (Society of Indian Automobile Manufactures) data, Renault has sold over 90,000 units in the domestic market showing a growth of 185.22 percent over the last fiscal year.
Furthermore, the company currently sells five models in the country including SUV Duster and hatchback KWID. From industry’s point of view, the company surely looks forward to intermittent pro-business policy decisions, such as the vehicle scrappage policy, finalisation of GST rates and other proactive measures which will give a further stimulation to the automotive industry, Sawhney added.
RP