Sumit Sawhney, Country CEO & Managing Director, Renault India Operations, said, “The reduction in the repo rate by 0.25 per cent is a positive move and will influence purchase decisions, fuelling growth and stimulating the economy. The natural expectation is that it will lead to more liquidity. However, there was expectation of a higher reduction, which would have garnered more positivity from the market.”
Related Articles
India
Renault India commences mass production of Renault KIGER
Renault India has commenced the mass production of its brand new compact SUV Renault KIGER at its world leading manufacturing facility in Chennai. Dispatches have also started to Renault’s network of more than 500 dealerships […]
India
Renault India registers monthly sales of 8,343 units in May 2016; Growth of 132%
Continuing on its growth momentum, Renault India, one of the fastest growing automotive companies in India, registered an astounding growth of 132% with monthly domestic sales of 8,343 units in May 2016 as against 3,601 […]
India
Global Reveal Of Renault Kiger In India On January 28
New Delhi; January 5, 2021: After generating a lot of exhilaration with the showcase of the Renault KIGER Showcar, Group Renault will be globally premiering the eagerly awaited Renault KIGER in India on January 28, 2021. Slated […]
