It has been a year since the alliance between Mahindra & Mahindra and Renault ended. And this time around, it is getting to come out with something new. But the question that experts and all related to industry are asking is whether it is going to be second time lucky.

Sources close to the company have said that it is going to come out with a sports utility vehicle, Koleos by the end of October. But before that it is going to launch Fluence sedan in the country somewhere in May or June this year.

While both the cars are late entrants into the market, Renault thinks that it is just the beginning for the firm. And the CEO of the company, Carlos Ghosn has predicted that they are going to have a big share of the 6 million car market in India. This will be seen by 2020 and that would mean more of something to chew from for the automakers.

The only reason why people should be skeptical about is that Renault has entered the market two years too late. This happened because of the global meltdown.