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Renault India aims to launch one product a year till 2020 to hasten growth

CEO Sumit Sawhney says firm will be among top five by 2020 as against 7th position now

T E Narasimhan  |  Chennai 

To accelerate growth in India, French automajor Renault is planning to bring down the launch time of new products in the country. The company, which launched three products in the past five years, is planning to launch one product each year till 2020.

Renault India's Chief Executive Officer (CEO) Sumit Sawhney said that the company is planning to launch one new car every year as part of its mid-term strategy. While the target during 2017 is to sustain the growth propelled by Kwid in the previous year, the firm is planning to be among the top five by 2020 as against seventh ...

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First Published: Sun, May 14 2017. 00:01 IST