Renault, the French car major, has reduced its vehicles prices by up to 7 percent in India, ranging between Rs 5,200 and Rs 1.04 lakh for the purpose of passing the GST benefit to its customers.
Sumit Sawhney, Renault India Operations Country CEO and Managing Director has said that “Reflecting our customer – first approach, we have decided to pass on GST benefits to our customers, further enhancing the value proposition of our products.”
He added that the roll out of the GST is one of the biggest achievements of the government, facilitating a one nation, one tax system, aimed at fostering a congenial business environment.