Renault does not have deep pockets to buy market share: Sumit Sawhney

India is among the top 11 markets for Renault

Renault created waves in the entry-level car market with the Kwid three years ago. While it has clocked a cumulative volume of about 250,000 units, it has stopped growing year-on-year, pulling down the company’s market share. Sumit Sawhney, country CEO and MD at Renault India, tells Ajay Modi that the segment where Kwid operates is facing pressure and volumes could pick up with the launch slated for 2019. Edited excerpts:

What has changed for Renault in India since the Kwid launch? 

After Kwid, the company has been able to grow on the plans of establishing network footprint across the country with 320