Kwid, Duster to be exported to Nepal from India
The Dollar Business Bureau
French automobile manufacturer, Renault on Monday announced the commencement of exports of Kwid - its entry-level car and Duster - the popular SUV, to Nepal from its operations in India.
Renault marked its entry into the market of Nepal by collaborating with Vishal Group - one of the biggest business groups. This is in line with the company’s strategy to enhance its presence in the region of SAARC, said the company in a statement.
Sumit Sawhney, Renault India Operations Country CEO and MD said, “Nepal is an important market for Renault's growth in South Asia and we have carved out a clear-cut strategy to grow our presence in this important market with an ambition to be among the top players.”
He further said that Renault is confident that Duster and Kwid will play an important role in its plans for expansion in Nepal.
To start with, Vishal Group’s Advanced Automobiles Pvt Ltd will sell the Duster and Kwid in Nepal market, where hatchbacks and SUVs are the growing divisions.
Manufactured with more than 98 percent localisation, the company’s Kwid is a great example of the government’s 'Make in India' philosophy and has been a huge success that revolutionised the segment of compact hatchback, the statement added.