Renault India hopes to raise market share to 5 per cent

Renault India hopes to raise its market share to five per cent from the present 4.4 per cent, said Sumit Sawhney, CEO, Renault India. According to him, the ban on registration of diesel vehicles with engine capacity of above 2,000 cc has not adversely impacted its sales.

The French automaker has technology to introduce vehicles complaint with Euro VI norms (which corresponds with Bharat VI), he said. This can be transferred to its Indian operations.

However, the government has to ensure that fuel for vehicles complaint with Bharat VI norms should be made available, he said. For a smooth transition to Bharat VI emission norms, the Indian automobile industry needs to have a 360-degree plan and a clear strategy to follow, he adds.

The Indian government’s decision to bypass Bharat V emission norms and directly adopt Bharat VI norms by 2020 has also affected the plans of the auto industry. Currently BS IV fuel is being used in major Indian cities while the rest of the country runs on BS III fuel.

The auto industry is also facing difficulties following a court ruling imposing a ban on the registration of diesel vehicles with an engine capacity of more than 2000cc in Delhi and the NCR.

Source : BS Motoring