French carmaker Renault today launched its luxury sedan 'Fluence' in India in both petrol and diesel variants, priced between Rs12.99 lakh and Rs14.40 lakh (ex showroom Delhi).
"The Renault Fluence was designed for the Asian market and hence we are confident that it will not only shake up the segment, but also give the Indian customer their first taste of what Renault is capable of bringing to the Indian market," Renault India managing director Marc Nassif told reporters here.
The Renault Fluence is the company's first branded car assembled in India at its Chennai facility, he added.
The Fluence petrol version comes with a 2-litre engine while the diesel option is powered by a 1.5-litre engine.
Along with Japanese auto major, Nissan with which it is in global alliance, Renault has committed an investment of Rs4,500 crore by 2015 at Chennai facility, which would have a total production capacity of 4 lakh units per annum.
Renault is also mulling setting up an engine plant at the facility.