The new Renault KWID is pleasant surprise to the budget car
industry in India. Equipped with extraordinary features those are not only best
in class, but also in cars from segments above. It includes seven-inch
touch-screen navigation system, a boot capacity of 300 litres, and the best in
class ground clearance of 180 millimetres. The SUV look of the car is unique
and attractive, with the best in class length & breadth offers a superior
interior space, which is unusually rare in this segment. A three-cylinder
0.8-litre Smart Control Efficiency engine (799 CC, which is tuned to churn out
54PS and a peak torque of 72Nm with a 5-speed manual gearbox) enables it to
generate a mileage of 25.17 kmpl, again the best in class.
With an affordable price of Rs 2.56 lakh to Rs 3.53 lakh,
Renault KWID stands far ahead in the category of mini hatchbacks. The big
question is now that whether KWID will be able to revive the dying mini car
segment in India. With the changing preferences, increase in income level,
availability of so many variants and easy bank financing options, the Indian
consumer has already started to make a shift to the next level of owning a car.
The buzz that Renault has created with its online marketing
efforts and India as a choice to be the first in global launch of KWID, reflects that
seriousness of Renault towards the Indian market. The concept of virtual
showroom, online demos and others communication efforts are worth appreciable
and it also clicked for Renault as a flying start having managed to get 25,000
bookings within two weeks since its launch.
Surely, a well equipped mini car has everything to make a
mark but isn't it too late for Renault to cater the segment? Or Renault is just
trying to list the presence in the category? Though less price would enable it to fetch the market share but competition is already intense
with Maruti Alto and Hundai Eon. The miserable journey of Tata Nano so far has
already proved that even a college going boy is not much interested in mini
cars. Sluggish sales of mini cars in India and falling market share of the
segment (mini car segment constituted 30% in 2010-11, which is continuously on
downfall with 21% market share in 2014-15) and comparative increase of market
share of compact hatchbacks and sedan cars is the biggest challenge for Renault.
Despite of a few weak points and potential threats, Renault KWID
has the mind-blowing strength to utilize the available opportunity in the
dynamic market of India.