Renault India, announced that it will pass on the benefits of GST rates on its vehicles to the customers.
The price change will vary depending on the state, model and the variant purchased, basis the tax rates applicable prior to GST. Customers will stand to benefit upto 7%.
Prices have been reduced for KWID Climber AMT between Rs. 5,200 to 29,500, for Duster RXZ AWD between Rs. 30,400 to 1,04,700 and Lodgy Stepway RXZ (7S) between Rs. 25,700 to 88,600.
Mr. Sumit Sawhney, Country CEO and Managing Director, Renault India Operations, 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.”
Renault has a focused business strategy to grow its business in India. While expanding the product portfolio will be pivotal as part of its long-term commitment to India, Renault aims to increase its network reach to 320 outlets pan-India by the end of 2017 to make its products and services more accessible to the customers across the country. These efforts are further accentuated by a clear strategy to enhance the customer brand experience, with unique and pioneering customer oriented activities and several innovative marketing initiatives.