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Renault to Launch Rs 4 Lakh Car in India

French auto major Renault is planning to launch a passenger car in India at below Rs 4 lakh. The company launched the diesel version of Pulse, priced between Rs 5.77 lakh and Rs 6.25 lakh, in January.

The car maker, which entered India in 2005, launched a luxury sedan, Fluence, in May 2010. In September, it came up with a compact SUV, Koleos.

In the second half of this year, it will launch Duster, a SUV. The company will come out with a sedan before 2012 ends.

The company will open 100 outlets in the country by December 2012.

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