Produced at the Renault-Nissan facility in Chennai, Renault’s best selling car Kwid is the highlight of Renault stall at the ongoing Make in India Week. PM Narendra Modi paid a special visit to the Renault Kwid where he was handed over a scale model of the Kwid.
A car which highlights Renault India’s efforts towards the Make in India campaign, Kwid is all set to be exported from next month. The first market to receive India-made Kwid will be Sri Lanka, revealed Sumit Sawhney, MD, Renault India at the ongoing Make in India Week in Mumbai.
After Sri Lanka, made in India Renault Kwid will be exported to other SAARC countries like Nepal, Bangladesh and Bhutan. Post this, Kwid will also be exported to Brazil and other countries in Latin America where there is demand for small cars.
Renault Kwid will be exported to the SAARC region in CBU form while to Latin America it will be exported as CKD. The question for buyers who are waiting in queue to get their hands on the new Kwid, is that will these exports result in a higher Renault Kwid waiting period in India?
The good news is that it won’t. The reason, Renault India will be increasing production of Kwid to 10,000 units starting next month. As of now, the company produces about 6,000 units every month, which is still not enough to meet the growing domestic demand. As per Mr Sawhney, the increase in production will result in waiting period coming down by up to 40%.
With increase in production of Kwid, not only Renault India will be able to reduce waiting period in India but will also be able to meet the demand in Sri Lanka and Brazil.
Renault Kwid is the company’s newest offering which was launched in India back in Septemper 2015. With 98% localization level, Kwid is easily amongst the most value for money car on offer in India today. Offered only with a 800 cc petrol engine, it competes in one of the most competitive segment of the auto industry. Renault will soon launch Kwid with 1.0 liter petrol engine and AMT gearbox.