Moreover, in order to fight pollution successfully, old cars need to be phased out for electric cars to give the desired result, Renault India MD Sumit Sawhney said.
Sumit Sawhney, country CEO and Managing Director, Renault India, told PTI that the much-talked-about launch will take place in the December quarter, but refused to specify whether it could be a Diwali offering.
Christened as Kwid Climber, the variant will be available in both manual and automated manual transmission (AMT) modes.
Renault India is planning to hike prices of its passenger vehicles by up to 2 per cent to offset rising input costs.
The company currently sells the Kwid with an 800cc (0.8L) engine priced between Rs 2.64 lakh and Rs 3.73 lakh (ex-showroom Delhi).
"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.
The company, which has a joint manufacturing facility with Japanese-auto maker Nissan at Oragadam near Chennai, attracting investments of over Rs 5,500 crore, has recently commenced third shift operations taking the total number of Kwid range of cars produced to about 9,900 units in July.
The company, which has a joint manufacturing facility with Japanese-auto maker Nissan at Oragadam near Chennai, attracting investments of over Rs 5,500 crore, has recently commenced third shift operations taking the total number of Kwid range of cars produced to about 9,900 units in July.
The company, which currently sells the Kwid with an 800cc engine, is looking to garner 5 per cent share in the Indian car market by the end of this year.
'Lodgy World Edition' is built with 25 enhancements to its exteriors and interiors and will be available in both 85 PS and 110 PS variants at an introductory price of Rs 9.74 lakh and Rs 10.40 lakh, respectively (ex-showroom Delhi).
Watch David Ward Secretary General, Global NCAP, Rakesh Srivastava Senior VP - Sales & Marketing Hyundai Motor India and Sumit Sawhney MD & CEO, Renault India give their views on the report released by Global NCAP a UK based agency that tests cars on the grounds of how safe they are for the driver and the passengers.
'Renault Selection' would provide customers a transparent and reliable platform for buying, selling and exchanging certified pre-owned cars of all brands with optimum deals on finance, insurance, warranty and road side assistance (RSA).
"The Renault KWID has received an overwhelming response in the Indian market, not only from the metros but also from smaller cities and towns," Renault India Country CEO and Managing Director Sumit Sawhney said in a statement.
The company inaugurated its new 3S (sales, service and spares) facility at Renault-Kattupakkam - Power Car India Pvt Ltd - in the city on Tuesday.
Kwid, which received overwhelming response in the domestic market with more than one lakh bookings in four months since launch, would be the second Renault product to be exported after Duster, a top company official said.
"The Renault Kwid has created a huge excitement since its launch and we are thrilled with the response it has received just at the onset of the festive season," Renault India Operations, Country CEO and MD, Sumit Sawhney, said in a statement.
French auto major Renault on Tuesday launched crossover based on its multi purpose vehicle (MPV) 'Lodgy' in the price range of Rs 11.99 lakh to Rs 12.29 lakh (ex-showroom, Delhi).
The new range boasts of superior engineering, all-new safety and comfort features and improved fuel efficiency, made possible by several technical and design enhancements, the company said in a statement.
"India is a strong market for Renault and we have strong presence in the country. We will launch MPV Lodgy by month-end or early next month. "After that we will also launch sub-Rs 4 lakh small car. It will be a global car," Renault India Country CEO and MD Sumit Sawhney told reporters.
On Saturday, in a much-awaited reform, the government deregulated diesel prices that resulted in a price cut of Rs 3.37 a litre. Retail rates of the fuel will now reflect international movement in oil prices.
Japanese car-maker Nissan and French car-maker Renault are focusing on their own paths in India and are relying on recent and new launches to drive growth. Nissan wants to push its low-cost model Datsun GO, which was launched in Feb amidst much fanfare.
Renault India reported 13-fold increase in sales in May at 6,013 units.
CNBC-TV18's Automotive Dealership Excellence Awards (ADEA) aims to felicitate the best and the finest in automotive retail and the response and success of the pass three editions speaks volumes about it.
Renault India today reported an over eight-fold jump in sales in March this year at 8,232 units on the back of strong sales of its SUV Duster. The company had sold a total of 1,005 vehicles during March 2012.
French auto-major Renault plans to increase prices of its automobiles in India by up to 1.5 per cent with effect from January 1, 2013 due to high input costs.