: French car maker Renault has lined up aggressive plans to double sales volumes in three years by introducing new products and upgrading some existing models, according to a top official.
Venkatram Mamillapalle, who recently succeeded Sumit Sawhney as Renault India, Country CEO and Managing Director, said that as a mid-term plan, the company was looking at doubling sales volume to 150,000 units in three years (from the current 80,000 units).
"We also have new product launches in 2019 and 2020. Two new products will be launched, one in July (2019) and the other, the year after that," he told PTI.
Besides, the company would also look at upgrading existing hatchback models Kwid and sports utility vehicle Duster, he said.
To a query, Mamillapalle said he has lined up three objectives for the company over the next two-three years.
"I have three things. One, is whole organisation should work as one team, one ambition. That is the primary objective. Because we have many legal entities. We have to drive as one team with one ambition", he said.
The goal was to sell cars profitably and for customers to accept the products so that there is an increase in volume
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
