Renault, a key player in the Indian automotive marker has rolled out the new GST pricing across its products in India. Effective from 1 July 2017, new Renault customers will receive benefits of up to 7 per cent. The new prices have been revised on the basis of tax rates which have been applicable prior to GST implementation. Moreover, the new prices will vary on the basis of state, model and the variant opted by a customer.
Renault India has reduced for Kwid Climber AMT between INR 5,200 to 29,500, Duster RXZ AWD between INR 30,400 to 1, 04,700 and the Lodgy Stepway RXZ (7S) has been reduced between INR 25,700 to 88,600. Speaking about the price revision, Sumit Sawhney, CEO and Managing Director, Renault India 0perations said, “The roll out of the Goods and Services Tax from July 1, is one of the biggest achievements of the Government, facilitating a ‘one nation-one tax’ system, aimed at fostering a congenial business environment. While there may be a short-term disruption as the whole system adapts to this economic transformation, but in the long term it will be very positive for the economy and corporate India. Reflecting our customer-first approach, we have decided to pass on GST benefits to our customers, further enhancing the value proposition of our products.”
By the end of 2017, Renault India plans to increase its network reach to 320 outlets to make its products and services more accessible to the customers in India.
