Renault starts exports of Kwid, Duster to Nepal from India

Image
Press Trust of India New Delhi
Last Updated : Sep 19 2016 | 3:07 PM IST
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.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Sep 19 2016 | 3:07 PM IST

Next Story