Renault India- a fully owned subsidiary of the French carmaker Renault SAS, has announced a price hike for all its models which are being sold in Indian market. Currently Renault India sells five different models in India ranging from a small hatch to a premium sedan. They are- Pulse, Scala, Duster, Fluence and Koleos. In terms of price, range covers a wide spectrum from Rs.4.5 Lakhs Ex-showroom Delhi to Rs.22 Lakhs Ex-showroom Delhi and the price hike is applicable for this entire range.
The price hike decision of Renault India has been influenced mainly by the rising input costs and the increased prices will help the company to offset at least some portion of it.
The revised price would be effective from 1st January 2015 and the hike might be up to 2.5% of the current price.