Renault to make India export hub

Renault to make India export hub

FPJ BureauUpdated: Thursday, May 30, 2019, 01:31 PM IST
article-image

Chennai : Renault to increase exports from India, eyes African market French auto major Renault is looking to enhance exports from India to neighbouring countries and Africa as it seeks to make the country a manufacturing hub.  “Last month we started exporting Duster and Kwid to Sri Lanka. This month we will be entering Nepal while we also prepare to enter Bhutan,” Sumit Sawhney, country CEO and managing director, Renault India Operations, told PTI. Not only the neighbouring countries, Renault will be looking to tap opportunities in Africa as well.

“We are working on strategy for exports to South Africa, hopefully, it will be finalised soon. Besides, we are looking at other countries in Africa,” Sawhney said. Even to Brazil, where the company’s small car Kwid will be manufactured and sold, Renault will be looking to export components.   “Certain sets of components will be supplied from here in India,” he said.

RECENT STORIES

Budget 2026 To Be Presented On A Sunday, Will February 1 Change The Market Playbook This Time?
Budget 2026 To Be Presented On A Sunday, Will February 1 Change The Market Playbook This Time?
Navkar Corporation Swings To ₹936 Crore Q3 Profit, Climbs Steadily From ₹435 Crore In Q2 & Loss...
Navkar Corporation Swings To ₹936 Crore Q3 Profit, Climbs Steadily From ₹435 Crore In Q2 & Loss...
Sensex, Nifty End Lower As Investors Turn Cautious Ahead Of US–India Trade Talks
Sensex, Nifty End Lower As Investors Turn Cautious Ahead Of US–India Trade Talks
Oriental Hotels Q3 Net Profit Rises 44% YoY To ₹2,023 Crore, Revenue From Operations Jumps To...
Oriental Hotels Q3 Net Profit Rises 44% YoY To ₹2,023 Crore, Revenue From Operations Jumps To...
Bharat Coking Coal IPO Subscribed 76.81 Times On Final Day, Non-Institutional Investors Take The...
Bharat Coking Coal IPO Subscribed 76.81 Times On Final Day, Non-Institutional Investors Take The...