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Renault Kwid crosses 25k bookings

The Goan Network

Panaji

Renault India's flagship hatchback, the KWID crossed a milestone of 25,000 bookings sine its launch on September 24, 2015 a press release by the leading car maker has said.

According to the company, Tier II and tier III cities have showed tremendous response reaching out to the dealerships with inquiries and booking requests. KWID’s delivery will start in the festive season beginning next week and will be available across all our dealerships across the country.

Renault is also looking at reaching newer markets by augmenting its expanse and penetration with over 205 sales outlets by end of this quarter, targeting the potential customers in the hinterland.

The car will also be best-in-class in maintenance part costs due to strong localization, which stands at 98% at the time of the launch. This will positively impact the overall cost of ownership cost and will offer a 50,000 Km/2 years Maintenance Policy, extendable up to 80,000 KM/4 years, to the discerning Indian customers. Renault will also offer complementary Road Side Assistance for 2 years.

We are witnessing remarkable footfalls in dealerships across all regions since the launch of Renault KWID. The innovative Virtual Showroom and the Renault KWID app have received a tremendous response across India, Renault's MD, CEO - India ops, Sumit Sawhney said in a statement.

"The Indian consumer has shown tremendous confidence and trust in Renault brand, the initial response has been very exhilarating and the bookings are constantly increasing," he added.

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Modi's infrastructure splurge revives investment in India

The Goan Network
Published Oct 13, 2015, 12:00 AM IST
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Agencies New Delhi Prime Minister Narendra Modi's bet on higher public spending to spur economic activity in India has started paying off, as capital investment shows signs of sustained revival after years of uneven growth. But corporate spending is still tepid and federal revenues remain stressed, raising the risk of another false dawn for Asia's third largest economy as it tries to recover momentum. Annual growth in capital goods production, a proxy for capital…

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