Maruti Suzuki India Revs Up with 600000 CNG Sales Target and Export Boost
Maruti Suzuki India is aiming for a significant increase in sales of CNG vehicles and exports in the current fiscal year. The company targets to sell around 600,000 CNG units domestically and export 300,000 vehicles. To meet the high demand for CNG models, Maruti Suzuki plans to expand its manufacturing capacity by 100,000 units annually.
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Maruti Suzuki CNG Sales Up 30%
– Maruti Suzuki India Revs Up with 600000 CNG Sales Target
Maruti Suzuki India anticipates a 30% growth in sales of its CNG cars. Additionally, the company aims to export approximately 300,000 units in the ongoing financial year. Rahul Bharti, Maruti Suzuki India’s Executive Director of Corporate Affairs, mentioned during an analyst call that they manufactured about 450,000 passenger vehicle units in the CNG segment this year.
Maruti Targets 600,000 CNG Sales
-Maruti Suzuki India Revs Up with 600000 CNG Sales Target
A senior Maruti Suzuki India (MSI) official has indicated that the company anticipates a growth of over 30% in sales of its CNG vehicles, aiming for approximately 600,000 units in the ongoing fiscal year.
Maruti Ups CNG, Export Targets
In a recent analyst call, Maruti Suzuki India’s Executive Director of Corporate Affairs, Rahul Bharti, announced ambitious targets for the company. They aim to export approximately 300,000 units in the current fiscal year, alongside a projection of about 600,000 CNG vehicles sold domestically by the financial year 2024-25.
Bharti highlighted the high demand for CNG variants of popular models like WagonR, Brezza, Dzire, and Ertiga in the Indian market.
To address supply challenges, Maruti Suzuki plans to expand its manufacturing capacity by about 100,000 units annually at its Manesar plant in Haryana, particularly focusing on increasing the supply of Ertiga.
Bharti also emphasized the company’s commitment to export growth, targeting a significant increase in exports compared to the previous fiscal year.
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