"Our current marketshare is 2.6 per cent and in the mid-term (3-4 Years) we aim to double the marketshare," Renault country CEO & MD Sumit Sawhney said here today at the launch of second showroom in city.
The sub-Rs 4 lakh car proposed to be launched in 2015 would help in achieving the target, he said.
Sawhney said the plan for a captive financing arm that would support both Nissan and Renault is there and the process had been initiated for the same.
Sawhney declined to comment on whether RCI Banque was planning to launch its business in India.
RCI Banque is part of Renault Group and carries out its financing activities.