Renault has announced plans to set up its own distribution network in India to support the new products it will launch in 2011. Renault had displayed several cars from its international portfolio at the Auto Expo in Delhi and the company now intents to launch the Fluence saloon and Koleos SUV in India by early 2011.
The company has aggressive plans for expansions in India and over the next 30 months, Renault will try to build its own identity with the launch of new cars and the setting up of Renault brand dealerships.
For the past one year, the company had frozen investments at its Chennai plant, but the company now plans to restart investments. There will be no sudden growth in terms of volumes, and Renault wants to escalate its volumes gradually.
By mid-2011, Renault will have around 10-15 dealerships where it plans to sell the Fluence and Koleos. The Logan will however continue as a Mahindra-Renault product but with substantial upgrades.
Renault, in alliance with Nissan is also developing a B-segment car and it would be manufactured at Renault’s existing plant at Chennai. This car will share the V-platform, the same one Nissan Micra is based on.
Viraaj Bhatnagar
Glenn Noronha
Dipan Sur
Dhruv Dhaka
