French car manufacturer Renault has said it is constructing a car to fulfill the needs of the Indian market and is anticipated to be launched after 2013.
Sudhir Rao, Renault India CEO said, “At present, we are at the conceptualisation stage for a car which would meet the requirements of the Indian market”.
But he refused to give details about the sector in which the car will be suitable by saying, “It is too premature to say anything right now, but we are are very flexible on that.” The car is being developed with an intention to be exported to other markets like India. “We have a global approach.
He added, While the conceptualisation and development will be done in India, we and the car will also be be exported to markets similar to India”.
He said the car will be an addition to the 5 car models the company had declared to introduce by 2013.
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