Renault starts exports of Kwid, Duster to Nepal from India
NEW DELHI:
French auto major Renault today announced start of exports of its entry-level
car Kwid and popular SUV Duster to Nepal from its Indian operations.
Renault marked its entry into the Nepal market
by associating with one of the largest business groups - Vishal Group -- in
sync with its strategy to expand its presence in the SAARC region, the company
said in a statement.
Renault India Operations Country CEO and MD
Sumit Sawhney said: "Nepal is an important market for Renault's growth in
South Asia and we have carved out a clear-cut strategy to grow our presence in
this important market with an ambition to be among the top players."
He further
said: "We are confident that Kwid and Duster will play a significant role
in our expansion plans in Nepal."
To begin
with, Advanced Automobiles Pvt Ltd, a part of the Vishal Group, will sell Kwid
and Duster in Nepal, where SUVs and hatchbacks are the growing segments.
Renault
Kwid, manufactured with over 98 per cent localisation, is an example of 'Make
in India' ideology and has been a great success which revolutionised the
compact hatchback segment, the company added.
Source : Renault
starts exports of Kwid, Duster to Nepal from India