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Renault India kickstarts first shipment of Triber to South Africa
French auto-major Renault India on Tuesday commenced the first shipment of the latest car Triber from the Ennore Port here to South Africa. “It is great day for us. We are exporting about 600 cars today. We were at the port in this morning. This is first lot of Triber going out of India,” Renault India (operations) country CEO Venkatram Mamillapalle told reporters here.
Chennai
He said the Triber had crossed sales of 20,000 units in the domestic market registering a cumulative growth of 70 per cent for the company in the last two months. Renault Triber comes with the new Energy petrol engine of 1.0 litre offering balance between performance and fuel economy at low maintenance costs. Besides Triber, Renault India currently retails its popular hatchback Kwid, sports utility vehicle Duster, premium SUV Captur. The company has widespread presence of more than 350 sales and 264 service facilities across the country.
The automaker, also known for its Duster and Kwid models, is now also looking at bolstering its presence in India with plans to launch three new models, including an electric vehicle, by 2022 in line with its mid-term plan to double its market share in the country by that year.
In October last, Mamillapalle said “We export a lot of parts, close to 198 million Euro worth of parts are getting exported globally per annum and this is going to double by the first half of the next year.” The exports are helping in keeping the supplier community of Renault in India intact, he added.
“They (suppliers) might see a lot of decline in volumes (domestic market) but they are not impacted as exports have picked up more and thanks to devaluation of the rupee, it means better revenues as you get paid in euros,” he said. The company exports components such as engine parts, plastic and body parts to countries such as Russia, Brazil, Romania, Colombia, Argentina and Morocco.
Racing ahead
Triber crossed sales of 20,000 units in domestic market, registering a cumulative growth of 70% for the company in last two months
Renault India also retails its popular hatchback Kwid, sports utility vehicle Duster, premium SUV Captur apart from Triber
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