RENAULT DRIVES INTO NEPAL WITH THE LAUNCH OF KWID & DUSTER
Associates with one of the largest business groups - Vishal Group to enter into Nepal, in sync with its strategy to expand its presence in SAARC Region
Advanced Automobiles Pvt. Ltd (part of Vishal Group) to offer Renault’s segment defining cars Kwid and Duster in Nepal
Kathmandu, August 29, 2016: Renault, a French multinational automobile manufacturer, marked its entry into the Nepal market today by associating with one of the largest business groups - Vishal Group. Advanced Automobiles Private Limited (part of Vishal Group) will be offering Renault’s segment defining cars Kwid and Duster in Nepal. The Group has a rich history of over 50 years in business activities in Nepal and is the importer & distributor for various multinational brands.
Speaking on the occasion, Mr. Sumit Sawhney, CEO and Managing Director, Indian Subcontinent Operations, Groupe Renault, said, “Renault is one of the fastest growing global automotive brands. Over the last few years, we have built a strong foundation and exponentially grown the Renault brand, entering new and emerging markets. We had expressed our intent of taking the Renault brand to important countries in the SAARC region and today we are living up to this promise with the inauguration of our first distributorship in Nepal, Advanced Automobiles Pvt. Ltd. This inauguration is a key milestone in Renault’s growth strategy in the Indian sub-continent.”
The state-of-the-art showroom facility of Advanced Automobiles Pvt. Ltd is located at Jaycees Bhawan, Ground Floor, Thapathalli in Kathmandu and is spread over an area of 3,500 sq. ft. The facility has been designed basis the RENAULTSTORE concept, the new generation facilities that are conceptualized to best address the evolving needs of customers by highlighting the value of the brand, products, services and accessories in a modern and more effective manner.
Advanced Automobiles Pvt. Ltd offers two workshop facilities, one is located in Kalupul which is already operational while the second facility located in Paropkar, Kathmandu will be operational soon. Through this, Renault will offer an excellent and enriched brand experience - from test drive, to delivery and top-of-the-line after-sales support along with a wide range of accessories to the customers.
Speaking about the association with brand Renault, Mr. Nikunj Agrawal, Managing Director, Advanced Automobiles Private Limited, said “Renault is one of the foremost automotive brands across the globe. It is an honour to be associated with an automotive giant with a legacy of innovation and passion in the global automotive industry. With Renault KWID, we will offer our customers in Nepal a game-changer compact hatchback which has been designed and developed by Renault’s global teams, making it a truly international car. While Duster, with its superior styling and features, will also strongly appeal to the customers.”
To begin with, Advanced Automobiles Pvt. Ltd. will be offering KWID and Duster. Renault KWID has been a great success which revolutionized the compact hatchback segment, creating a new era in automotive history. The global launch of the KWID was a progressive step by Renault to pursue its strategy of accessible mobility for all and was a step up in its international growth strategy. KWID has been designed and developed by Renault’s global teams, making it a truly international car.
Duster on its part, is a perfect example of Renault’s core specialty of ‘concept innovation’, where an existing segment is redefined to offer something new to the customer. Duster is a well-packaged and segment-breaking product offering efficiency, reliability and value for money as well as an accessible premium SUV alternative to sedans. It also boasts of superior engineering, styling, safety and comfort features.
“Both these products have set new benchmarks in the automotive industry and we are confident that they will appeal to the auto enthusiasts in Nepal as well. We have carved out a clear-cut strategy to consolidate our presence in this important market with the ambition of becoming the top-most European Brand in Nepal. SUVs and hatchbacks are the growing segments in Nepal and we are confident that KWID and Duster to play a significant role in our expansion plans in Nepal,” added Mr. Sawhney.
Renault is also participating in the 11th edition of one of the biggest automobile expo in Nepal, NADA Auto Show 2016, set to kick off from August 30. The company will showcase its newly launched products Renault KWID and Duster at the show.
About Groupe Renault
Groupe Renault has been making cars since 1898. Today it is an international multi-brand group, selling more than 2.8 million vehicles in 125 countries in 2015, with 36 manufacturing sites, and employing more than 120,000 people. To meet the major technological challenges of the future and continue its strategy of profitable growth, the Group is harnessing its international development and the complementary fit of its three brands, Renault, Dacia and Renault Samsung Motors, together with electric vehicles, the Alliance with Nissan, and its partnerships with AVTOVAZ and Daimler.
About Vishal Group
Vishal Group is one of the Largest Business Groups in Nepal involved in various business activities such as Banking, Insurance, Hydropower, Cement, Iron & Steel, Brewery, Hotels & Resorts, and Distribution. The Group has a history of over 50 years in business activities in Nepal. The Group has received various awards and letters from various government departments appreciating the work of the group in Nepal. The Group is the Importer & Distributor for various multinational brands in Nepal.