Maruti Suzuki India is aiming to sell about 2 million vehicles in the current fiscal, an 8.1% increase, outpacing the domestic industry. The company is betting on the launch of new models to drive growth, targeting a 10% rise in production. Maruti also plans to step up exports significantly and invest INR 1.25 lakh crore by 2030 to double output. The company s aggressive strategy aims to regain market share lost to rivals in recent years.
Maruti Suzuki India is aiming to sell about 2 million vehicles in the current fiscal, an 8.1% increase, outpacing the domestic industry. The company is betting on the launch of new models to drive growth, targeting a 10% rise in production. Maruti also plans to step up exports significantly and invest ₹1.25 lakh crore by 2030 to double output. The company s aggressive strategy aims to regain market share lost to rivals in recent years.
Sales Of Large Utility Vehicles: While compact SUV models - defined as per body type and ground clearance - are driving the surge in the overall passenger vehicle market on account of their larger share in absolute terms, bigger UVs are fast catching up.
While compact SUV models - defined as per body type and ground clearance - are driving the surge in the overall passenger vehicle market on account of their larger share in absolute terms, bigger UVs are fast catching up.
India Business News: India's passenger vehicle wholesales hit a record high of 42,18,746 units in FY 2023-24, growing 8.4% y-o-y. Strong demand for utility vehicles drove