The new sedan version from the French car manufacturer Renault, Influence, is expected to please the customers sometime during the next year. This will be followed by Koleos, the SUV in the subsequent year, said the company’s GM for
India. The Influence is slated for designing and manufacturing in the company’s Oragadam plant near Chennai, which is a JV with the Japanese Nissan at an investment of Rs4500 crore. Most of the products will see the major localization of components, he added. The new Micra [images] is fixed with 60% domestic components and the company intends to increase this to 80% soon, he disclosed. The recently held AUTOSCM 2010 seminar proved to be an ideal platform for resolving the Indian contribution in the overseas products. The meet was told about the prospects in the Middle Easter, Asian and Latin American markets. Representatives from various governments sought the government of India to expedite the relaxation norms for the global players. It was informed that India promised to be a reliable hub for the auto industry due to the domestic market.